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Housing starts fell in July: CMHC4 v( T; f; W& C3 d: h
(CP) – 41 minutes ago5 T3 l5 P& z( \0 w4 I' p$ w
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.
/ c0 d3 Z6 l8 `* h4 T/ JHousing 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.5 S9 o6 Z- Z+ L7 e; x
In July of last year, there were 18,229 actual starts. The agency estimated there were 12,712 actual starts last month.) l w# W# v# x1 [" G
"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.
% Z; T" S' ~; u: \( ?0 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.
3 x q0 w" a* W& jHousing 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.
5 Q. d! `9 t# t: j$ DThe corporation said in January that starts reached 211,056 units in 2008, down from 228,343 in 2007.
& h+ O. F; m2 i+ j1 y% I; s# WIt forecast 160,250 starts this year and about 163,350 for 2010.
0 l% O* p2 {& KUrban 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.5 J0 A! }3 I8 d' K) A5 E
Rural starts were estimated at a seasonally adjusted annual rate of 18,600 units.
# c) K. M2 |. t" f- F- aStarts 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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