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Housing starts fell in July: CMHC
. _& W( w0 M& c# U(CP) – 41 minutes ago' g+ K* v/ h5 w7 f/ g8 H J# J( c7 G
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.
0 `* Y9 m9 a# m4 b( u) xHousing 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.
( t5 M" H& v/ }% @In July of last year, there were 18,229 actual starts. The agency estimated there were 12,712 actual starts last month.
) j5 n p' ~5 t: K/ @"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.
. q* p2 @: S8 e! VThe 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.
& Z ^. u) G8 w$ O. Z. C% [3 pHousing 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 |* \, w( Y4 z' CThe corporation said in January that starts reached 211,056 units in 2008, down from 228,343 in 2007.9 k1 I4 M1 f9 {4 b
It forecast 160,250 starts this year and about 163,350 for 2010.3 t. V( e6 i0 t+ r
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.
" S6 ?. y/ G; C kRural starts were estimated at a seasonally adjusted annual rate of 18,600 units.
/ ?2 y7 s) d6 D$ m, Z4 OStarts 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
