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Housing starts fell in July: CMHC
) N$ e$ o1 H( y7 A: f3 C(CP) – 41 minutes ago B- ?: t8 ]; L; ~
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.
' r+ @- Z( z% Z& f" T2 lHousing 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 C! @0 f. Q4 O& FIn July of last year, there were 18,229 actual starts. The agency estimated there were 12,712 actual starts last month. B) N+ V8 w1 N1 `8 Y3 @2 d
"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.
+ I* l q0 E7 ^, @The 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.
) C- C8 c, K# B' S o9 `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.
& t7 T( @) t$ o/ |$ sThe corporation said in January that starts reached 211,056 units in 2008, down from 228,343 in 2007.
5 Z* K T( w# n# T' gIt forecast 160,250 starts this year and about 163,350 for 2010.
0 Z6 q* `- f) r! R' o0 E! 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., j; g/ T/ T( c) W. n3 i1 y
Rural starts were estimated at a seasonally adjusted annual rate of 18,600 units.6 B9 T4 M* V$ X- g7 b% F% s
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
