Main Menu
In the News
Special Contributors
Special Report - Bedding
Events Calendar
Contact HGO
2015 Product Guide
Merchandiser Spring 2015
Merchandiser Winter 2015
Research Store

Canada Counts
A survey of Canadian buying intentions.
Purchase Report


U.S. housing starts fall to new low PDF Print E-mail
Written by Tom Philp   
WASHINGTON - The U.S. Census Bureau reported Tuesday that housing starts in that country fell 11 per cent June to July, and 29.6 per cent lower than starts in July 2007.

The bureau said the seasonally adjusted annual rate of 965,000 starts was well below the revised June rate of 1,084,000 starts. About 1.37 million homes were started in July 2007.

Building permits issued in July were 17.7 per cent below June's revised rate of 1.14 million permits issued and 32.4 percent below July 2007, when 1.39 million permits were issued, the report said.

Housing completions also fell in July when just over one million privately owned homes were completed, an 8.7 per cent drop from June's 1.13 million completions.

Single-family-home completions fell 7.2 per cent to an estimated 791,000, while multi-unit completions for homes with five or more units came in at a seasonally adjusted annual rate of 229,000.

<Previous   Next>



Please, update your HGO profile

BRIGHTON, Ontario – To improve the efficiency of our newsletter delivery service and to bring ourselves in alignment with current Canadian legislation, we need our loyal readers to update their profiles.

If you’re in big ticket home goods, you can’t be without Home Goods Online – the only business-to-business news and information service for those working in Canada’s furniture, mattress, major appliance and consumer electronics industries.

Update Your Profile Now
HGO Merchandiser