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Housing starts fell in July: CMHC) h* X! n6 D& u1 @: b9 @ R1 Y
(CP) – 41 minutes ago8 q7 p2 O4 H! K
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.
S |/ @6 \6 b2 V/ IHousing 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.
4 K" {. K' d% J6 AIn July of last year, there were 18,229 actual starts. The agency estimated there were 12,712 actual starts last month.+ d9 Y8 \ I* w
"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.
/ u; u ~$ i2 Q5 A0 UThe 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.4 [' U# u( ?6 ~8 z/ m8 h/ _
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. f: j' v' b2 z! e- i
The corporation said in January that starts reached 211,056 units in 2008, down from 228,343 in 2007.! j( [8 u: a/ v* L
It forecast 160,250 starts this year and about 163,350 for 2010.% K6 ^6 q' z0 y$ F5 k3 X) I
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.- s; Y. T4 z# |" y4 H0 r
Rural starts were estimated at a seasonally adjusted annual rate of 18,600 units.
# M% y4 \/ I; i5 v4 v# K. _$ P4 kStarts 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
