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McGuire ValueInvestingCongress 100112

McGuire ValueInvestingCongress 100112

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Published by VALUEWALK LLC
McGuire ValueInvestingCongress 100112
McGuire ValueInvestingCongress 100112

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Published by: VALUEWALK LLC on Oct 03, 2012
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05/12/2013

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Canadian home starts are within long-term averages and have recovered since the downturn

U.S. home starts are still 50% below long-term averages but have begun to rise

< 52>

0

250

500

750

1,000

0

500

1,000

1,500

2,000

2,500

1980

1982

1984

1986

1988

1990

1992

1994

1996

1998

2000

2002

2004

2006

2008

2010

Jul‐12

U.S.

U.S. Avg.

Canada

Canada Avg.

(‘000s starts)

(‘000s starts)

Source: U.S. Census and CMHC.

Historical Housing Starts by Country

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