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Housing starts fell in July: CMHC- s# [' c, C2 j$ J. u8 B
(CP) – 41 minutes ago' P6 [. y( W9 y8 ^, {9 @& ]* X1 H
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.! h5 x' [2 T% l$ [# j8 Y0 c
Housing 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.1 Z% o6 e( K$ c- P6 |. c: \0 t
In July of last year, there were 18,229 actual starts. The agency estimated there were 12,712 actual starts last month.
/ ?$ {- B' v5 w4 b"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.
- R5 K# O7 g+ K4 KThe 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.
6 C, Y( T F- m* R$ oHousing 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.3 E3 ?; J2 H; t+ z9 M' u
The corporation said in January that starts reached 211,056 units in 2008, down from 228,343 in 2007.: H' }- ?. C$ Z% R
It forecast 160,250 starts this year and about 163,350 for 2010. Z) m4 G) m2 n" T* J3 W- ?1 u
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.% O4 y# Z" l9 ~9 c B6 G3 J+ _
Rural starts were estimated at a seasonally adjusted annual rate of 18,600 units.% I& @ f5 U9 N6 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
