 鲜花( 26)  鸡蛋( 0)
|
Housing starts fell in July: CMHC5 `% S6 b, Y# z8 E/ P! d
(CP) – 41 minutes ago$ Q4 j9 ?- W9 Y, N. m6 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.& Z7 h! I# j. c: c" ]4 B
Housing 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.
) Y- f6 H7 ~' `" G5 [; Z9 s8 ^8 cIn July of last year, there were 18,229 actual starts. The agency estimated there were 12,712 actual starts last month.
7 f! I& e2 J |* u"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.& y" \+ w8 j1 `' D8 f4 [
The 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.
9 Q" |8 T! B7 `- B! c: _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.
; L' c- X X9 J! {: L# }The corporation said in January that starts reached 211,056 units in 2008, down from 228,343 in 2007.
/ {2 j7 ?4 w; f: fIt forecast 160,250 starts this year and about 163,350 for 2010.
& a: U7 c& p3 p& z" G$ f! pUrban 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.7 z6 m S. m! b5 I+ \
Rural starts were estimated at a seasonally adjusted annual rate of 18,600 units.. m: l. f. Y# I
Starts in Quebec rose 16.6 per cent in July, while they fell in other regions, including a 15-per-cent drop in Ontario. |
|