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Housing starts fell in July: CMHC4 n2 k" e& L) c$ i
(CP) – 41 minutes ago9 j6 }# a) a8 Y; B" Q6 A6 i# Y- C
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.
! ]/ y" b1 ?7 g/ D/ wHousing 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.
2 t0 H1 i/ F7 E6 Q! b7 h% ]+ e+ A; EIn July of last year, there were 18,229 actual starts. The agency estimated there were 12,712 actual starts last month.5 B; ~0 V- a2 H
"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.
% K" `3 |) \+ \% D9 w) z/ oThe 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.
* |+ j ]$ H+ J6 dHousing 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.
. ?7 A( V/ n) YThe corporation said in January that starts reached 211,056 units in 2008, down from 228,343 in 2007.
; }; ~" ^( V& b# n, lIt forecast 160,250 starts this year and about 163,350 for 2010.
/ A- H7 }+ |9 s( @Urban 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.
/ I6 n6 h$ s, C5 X& r. vRural starts were estimated at a seasonally adjusted annual rate of 18,600 units.
+ w) s1 _! K4 l) 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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