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Housing starts fell in July: CMHC
. O/ c L* A+ b) A4 x5 z, ?(CP) – 41 minutes ago% m$ g0 T9 w! T2 A" E6 s6 A P2 d
OTTAWA — Housing starts declined last month from where they were in June but are expected to rise later this year, Canada Mortgage and Housing Corp. said Tuesday.
* u% u' G5 I; q! EHousing starts fell to 132,100 units in July from 137,800 units in June, on a seasonally adjusted annual rate, mostly because of the multiple-units segment that includes condos and apartment buildings.3 ` _; {: I& m% H3 J
In July of last year, there were 18,229 actual starts. The agency estimated there were 12,712 actual starts last month.8 T, {/ I+ f1 S1 L$ V4 ?& Y
"Although July registered a decline, housing starts are expected to improve throughout 2009," said Bob Dugan, chief economist at the corporation's market analysis centre.
' z4 p# e4 V3 u- N/ eThe agency predicted that over the next several years housing starts will gradually become more closely aligned to demographic demand, which is currently estimated at about 175,000 units per year.. `. {5 A* M! c* q
Housing starts this year are down sharply from 2008 and 2007, when builders and buyers responded to a strong economy, low interest rates and years of pent-up demand.
5 {% j# j' p. J- LThe corporation said in January that starts reached 211,056 units in 2008, down from 228,343 in 2007.
0 G$ t) ]) F0 l6 S. ?It forecast 160,250 starts this year and about 163,350 for 2010.
6 d& u6 K: O/ N+ bUrban starts on a seasonally adjusted basis fell 5.5 per cent in July to 113,500 units, with multiple starts down nine per cent and singles off 1.1 per cent.
, l2 \, Q9 w, b7 hRural starts were estimated at a seasonally adjusted annual rate of 18,600 units.) x" z3 p4 [$ T" m0 [1 N
Starts in Quebec rose 16.6 per cent in July, while they fell in other regions, including a 15-per-cent drop in Ontario. |
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发表于 2009-8-11 07:07
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发表于 2009-8-11 07:13
