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Housing starts fell in July: CMHC p' O o% e/ V- D! U" k/ _1 \
(CP) – 41 minutes ago+ Y0 }2 ~' N3 L2 U6 h: z
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.
8 N0 Y5 Y* T RHousing 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.0 Q8 U8 m2 ?: Y$ Z, o: v
In July of last year, there were 18,229 actual starts. The agency estimated there were 12,712 actual starts last month." e) i. I# l3 S9 U& \% l
"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. W: W( ?1 n" r
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.
5 j0 E9 l, B' L0 X+ q. THousing 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.
/ d8 r6 l( k: g+ x' H8 gThe corporation said in January that starts reached 211,056 units in 2008, down from 228,343 in 2007.
" E# B3 |8 r5 p2 Q$ p8 e5 M; ^It forecast 160,250 starts this year and about 163,350 for 2010.: b0 k' q4 p/ e
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.
$ k+ x- o1 c2 i( W, lRural starts were estimated at a seasonally adjusted annual rate of 18,600 units.
, H6 u4 ~) I, k( S) Q+ N4 Y/ LStarts 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
