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Housing starts fell in July: CMHC+ [% ]. w/ ^1 T- K* L1 }
(CP) – 41 minutes ago" Y$ G& B5 b4 y0 K
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.
+ u+ e/ @7 {8 F$ f* c2 cHousing 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.$ j" q1 `0 J' b# o
In July of last year, there were 18,229 actual starts. The agency estimated there were 12,712 actual starts last month.
g; e t' q8 u+ Z"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.: l8 l* {; ~; Q
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.# v6 N; ~# x3 B) _
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.
9 l. A/ I) _, Q( k, ^The corporation said in January that starts reached 211,056 units in 2008, down from 228,343 in 2007.3 x: u7 I! `: \5 x+ b8 J4 S
It forecast 160,250 starts this year and about 163,350 for 2010.
8 q7 C0 ]# g1 s) q# ~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.
- G# o; V' v l# I0 ?* XRural starts were estimated at a seasonally adjusted annual rate of 18,600 units.5 F- M. }# t9 }) v
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
