Housing cools

smalltown

New housing starts down by a third over last year
2 W4 L2 [: ]  C% sMario Toneguzzi, Calgary Herald
2 C) Q0 m8 `% J- @: qPublished: Thursday, March 08, 2007
The red-hot, record pace set by Calgary home builders last year is showing signs of slowing down.
According to Canada Mortgage and Housing Corporation, total housing starts across the Calgary Census Metropolitan Area declined in February by 32.7 per cent compared to February 2006. The decline was registered most dramatically in the single-family home sector where starts plunged by 35.9 per cent compared to last year.

4 C! W1 y3 H# [8 ^5 x  VLai Sing Louie, senior market analyst for Canada Mortgage and Housing Corporation in Calgary, said there has been a weakening in housing starts in the Calgary Census Metropolitan Area in February.
: I9 V( i0 s% }4 |7 o“It’s something we expected. We didn’t think that housing starts in 2007 would exceed the 2006 record volumes. There was so much going on,” said Louie. “We thought it would pull back. It’s pulled back a little bit more than we thought.”
9 k; s4 V) u3 Y4 u% Z8 O
8 e, g  ?! u( uThe Calgary CMA encompasses the city, Airdrie, the Municipal District of Rocky View, Chestermere, Cochrane, Irricana, Beiseker and Crossfield.
  X9 g, }: N! B* D8 z
2 D; Y3 \, r/ B- v6 c  m2 qTotal housing starts in Calgary dropped from 1,088 in February 2006 to 732 this February. Single-family starts dropped from 859 last year to 551 this year in February while multiple starts, which include semi-detached units, rows and apartments, fell from 229 to 181, a drop of 21 per cent.
! k8 @. s# I9 K5 x* L$ ^7 kIn the first two months of this year, total housing starts are down 29.5 per cent from last year. Single-detached starts are down 31.9 per cent and multiple starts are down 21.2 per cent.
0 G) W* |) w: VThe CMHC said housing starts across the seven largest urban areas in Alberta decreased from 2,856 units in February 2006 to 2,338 units in 2007, representing a drop of about 18 per cent.
* W$ b' E; h9 {( mNationally, urban starts in February totalled 9,436 units, a decrease of about 24 per cent from the previous year.

fancycat

爱城会紧随其后吗？

April

Don't think so. I wish though.....

苹果鸭梨

原帖由 fancycat 于 2007-3-8 13:54 发表
4 s' C8 F( I4 }- t4 o爱城会紧随其后吗？

/ c5 _1 ]' s; r3 ^肯定会. 新建房开工数一定会下来. 但那不是因为市场降温, 而是政府在限制. 你可以去问一问BUILDER, 每家每月只批两个. 多了往后排. 其实, 这样更会使房价加速上升.

CANDYMAN

原帖由 苹果鸭梨 于 2007-3-8 16:43 发表

$ s" [  ?. z0 P$ t( g9 A3 P肯定会. 新建房开工数一定会下来. 但那不是因为市场降温, 而是政府在限制. 你可以去问一问BUILDER, 每家每月只批两个. 多了往后排. 其实, 这样更会使房价加速上升.

' J6 \3 O; Y- \4 p! k1 ]; v% f) [这是政府和市场调控的结果， 有利于减少房地产泡沫，看来还可以涨一段时间。

熊猫阿宝

对Edmonoton来说，不觉得这是什么好事。