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Housing starts fell in July: CMHC& Y! s9 g( @! W+ T1 }5 p0 u
(CP) – 41 minutes ago" J: |: K' p' g8 O8 Z
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.
* M& _4 C4 M( r4 A7 s0 yHousing 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.
m! S' q5 J* _In July of last year, there were 18,229 actual starts. The agency estimated there were 12,712 actual starts last month.
8 y$ {/ d, j+ n. q9 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.
! }" s. }+ ~) X, a$ Q' J( {# hThe 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.
/ K0 p; N+ u. e9 CHousing 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.
0 }; o9 ]$ N2 rThe corporation said in January that starts reached 211,056 units in 2008, down from 228,343 in 2007.' D+ v/ I7 c0 A0 J6 R& r
It forecast 160,250 starts this year and about 163,350 for 2010.6 `8 {$ e/ m' m$ I! p/ ^7 _
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.
8 x3 t3 r. Z' ERural starts were estimated at a seasonally adjusted annual rate of 18,600 units., W' d4 m7 v: }9 w& u; X- R
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
