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Housing starts fell in July: CMHC: F! ?% i7 w" K6 R# k1 `( V! s' T
(CP) – 41 minutes ago5 x. T( \8 z# h$ E: r
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.9 _! B5 f; M; m o! r0 \7 ^& a4 |
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.
) o$ H: h9 R# C/ A% t6 cIn July of last year, there were 18,229 actual starts. The agency estimated there were 12,712 actual starts last month.
5 w1 T! Y3 N% A; d"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.
! b& d* B0 l4 N$ SThe 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.: I- m; u( W/ M8 }
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.
% s/ L3 f/ O( E, H6 qThe corporation said in January that starts reached 211,056 units in 2008, down from 228,343 in 2007.
0 Z7 O7 X+ y" y# W5 p/ nIt forecast 160,250 starts this year and about 163,350 for 2010.
) d& b/ ?! s CUrban 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.
3 y+ ^' m- X/ WRural starts were estimated at a seasonally adjusted annual rate of 18,600 units.
( j6 p1 e4 e. yStarts 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
