Edmonton housing starts dip again(ZT)

qbxl400

EDMONTON – Housing starts fell again in the Edmonton region for February with no growth in activity foreseen until at least the summer, the Canada Mortgage and Housing Corporation said Monday.

  H5 B2 x) o& o8 s* _Multiple-unit starts led the decline with a near-86-per-cent drop from February of last year, according to preliminary CMHC figures. Multi-unit starts across the Capital Region totalled 64 units last month compared to 449 started in the same month a year ago.

- @! Y4 z- @6 L1 j! {“Developer unease over rising condo apartment inventories will cause multi-unit starts to be lower this year than last,” said Richard Goatcher, CMHC senior market analyst for Edmonton.
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In the single-detached market, shovels went into the ground for 149 homes in February — a 39 per cent drop from the 243 units started a year ago.
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CMHC predicts single starts to remain slow throughout much of 2009. Building activity won’t pick up over the previous year’s pace until after mid-2009 — provided new house inventories head lower. Goatcher said it will likely take until 2010 for notable year-over-year increases in single starts.

Total housing starts in Alberta’s seven largest centres totalled 574 units in February, down from 1,867 a year ago, according to CMHC. Grande Prairie was the only city reporting a year-over-year increase in starts.

catty

统计数据不是太可靠，我觉得12/1月跌幅明显，结果是2个月condo微涨，反倒是2月房价有企稳的迹象结果跌幅较大。房子上市价格比较合适的话，几天就没有啦，说明市场需求明显。现在最重要的是年薪高的有钱人要果断入市投资，象巴菲特那样不恐惧的底部建仓。现在的经济形势starter不敢买房，又将错过良机

dezhongxiao

老巴巨亏，正哭呢。

catty

U.S. billionaire Warren Buffett says the economy has "fallen off a cliff" over the past six months and consumers have changed their habits in remarkable ways.
Buffett said Monday during a live appearance on CNBC that current economic turmoil has basically followed the worst-case scenario he envisioned.
' {/ X7 _" D  U& ~+ M"It's fallen off a cliff," Buffett said. "Not only has the economy slowed down a lot, but people have really changed their habits like I haven't seen."
4 v; x' O. ^* \+ @: @$ p说啦，美国已经从悬崖上掉下去啦，按照正常自有裸体速度，很快就能触底。
8 y0 R3 M, ?* n# Z4 P5 d" R4 _9 j: N就像07年5月经纪人吆喝大家要果断入市一样，留下的时间已经不过拉

caoqian

希望再跌20%