Section: Real-estate

Building permits, November 2017

Published on by Communication service

Building permits, November 2017 -

Building permits, November 2017

The value of building permits issued by Canadian municipalities declined 7.7% to $7.7 billion in November, the first decrease in three months. Nationally, the value of permits for all building components declined, with the exception of single-family dwellings.

Canadian housing starts trend stable in December

Published on by Communication service

Canadian housing starts trend stable in December -

Canadian housing starts trend stable in December

The trend in housing starts was 226,777 units in December 2017, compared to 226,178 units in November 2017, according to Canada Mortgage and Housing Corporation (CMHC). This trend measure is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts.

“Despite the variation in activity across the country, the national trend in housing starts held steady at its highest level since 2008,” said Bob Dugan, CMHC’s chief economist. “Apartment starts in urban centres were up 6.2% in 2017 compared to 2016.”

Building permits, July 2017

Published on by Communication service

Building permits, July 2017 -

Building permits, July 2017

Canadian municipalities issued $7.9 billion worth of building permits in July, down 3.5% from June and the first decrease since March 2017. Lower construction intentions for commercial buildings and multi-family dwellings were mainly responsible for the national decline. Seven provinces posted decreases, with the largest decline in Ontario.

Building permits, April 2017

Published on by Communication service

Building permits, April 2017 -

Building permits, April 2017

Canadian municipalities issued $7.1 billion worth of building permits in April, down 0.2% from March. Lower construction intentions for single-family dwellings were mainly responsible for the national decrease. The value of building permits declined in four provinces in April, led by Ontario and Alberta.

Building permits, March 2017

Published on by Communication service

Building permits, March 2017 -

Building permits, March 2017

The value of building permits issued by Canadian municipalities fell 5.8% to $7.0 billion in March, marking a second consecutive monthly decrease. Nationally, the decline was mainly the result of lower construction intentions for multi-family dwellings, particularly in British Columbia and Ontario. All provinces and territories, except Ontario and Quebec, registered decreases in the total value of building permits in March.