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Housing starts fell in July: CMHC5 ^$ q) u+ r4 J% n# |" Z3 l
(CP) – 41 minutes ago' k4 f; A8 _4 t8 p! a# m: F. g
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.
, M/ n" I# h$ E3 YHousing 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.; Q9 S _% b) ^- M2 {3 K2 F
In July of last year, there were 18,229 actual starts. The agency estimated there were 12,712 actual starts last month.
# S- w! S/ ?7 ?8 h* ?( t# U"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.9 o* V+ I9 `# B! ~
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.
$ b: E" E' @5 D0 _2 G, ZHousing 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.
: X& N9 o$ ^" X* c! {9 lThe corporation said in January that starts reached 211,056 units in 2008, down from 228,343 in 2007.
0 m" ]/ w/ I; B+ r2 kIt forecast 160,250 starts this year and about 163,350 for 2010.
0 d$ j; n! Y/ ^- ]: K5 OUrban 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.7 A8 l+ S, i+ M$ C0 y; g8 y
Rural starts were estimated at a seasonally adjusted annual rate of 18,600 units.0 L' |. L+ N' ?0 _/ @
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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