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Housing starts fell in July: CMHC% A3 v/ F7 I- R- [) p; c
(CP) – 41 minutes ago" i1 N6 F* g1 {7 |* p- y3 V9 Z. G8 C
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.2 s" `- U* e; |
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.
: f6 _. a; C5 x) O! \- bIn July of last year, there were 18,229 actual starts. The agency estimated there were 12,712 actual starts last month.
* I, ~; s* C+ S+ H. W7 f"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.& O7 I( W2 h" B& @5 t
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., A* D& v% B+ R! m- S3 ^
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.5 u" ~/ V& |* J, k! A7 m
The corporation said in January that starts reached 211,056 units in 2008, down from 228,343 in 2007.
' l7 F5 R( C+ U! ~4 M4 zIt forecast 160,250 starts this year and about 163,350 for 2010.
& N/ K s6 j+ w# d: 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.
) Z" V4 {: ^0 r$ I% WRural starts were estimated at a seasonally adjusted annual rate of 18,600 units.6 m1 r, \# \/ G' k
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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