CanaData’s Latest Housing Starts Forecast: 210,000 Units in 2008
Abstract:
In its latest housing starts forecast package (see accompanying tables), CanaData has revised its 2008 total Canada figure up from 200,000 units to 210,000 units. This may still prove to be conservative. Housing starts through the first quarter of this year have averaged 246,000 units (seasonally adjusted at an annual rate), which is +9.0 versus the same period last year. But there are signs of weakening. Tables record Cana Data’s latest housing starts forecasts for Canada, the provinces and six major cities.
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In its latest housing starts forecast package (see accompanying tables), CanaData has revised its 2008 total Canada figure up from 200,000 units to 210,000 units. This may still prove to be conservative. Housing starts through the first quarter of this year have averaged 246,000 units (seasonally adjusted at an annual rate), which is +9.0 versus the same period last year. But there are signs of weakening. Tables record Cana Data’s latest housing starts forecasts for Canada, the provinces and six major cities.