The Value of Building Permits Increased 1.8% to $6.4 Billion in July

Published on by Association des Propriétaires du Québec

Topic(s): Real estate

Source: Statistics Canada

The Value of Building Permits Increased 1.8% to $6.4 Billion in July

After declining 5.3% in June, the value of building permits increased 1.8% to $6.4 billion in July, mainly as a result of multi-family dwelling permits in Central Canada and industrial construction intentions in Saskatchewan.

 

 

 

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In the residential sector, the value of building permits rose 2.7% to $3.7 billion, mainly as a result of an increase in the value of multi-family dwelling permits in Ontario, Quebec and Manitoba.

In the non-residential sector, the value of building permits edged up 0.6% to $2.7 billion. An increase in industrial construction intentions more than offset declines in both commercial and institutional permits.

Residential: Increase in multi-family dwelling permits

After two consecutive monthly declines, municipalities issued $1.5 billion worth of permits for multi-family housing in July, up 9.6% from June.

At the same time, single-family permits declined 1.4% to $2.2 billion. Ontario accounted for more than half of the decline, while Quebec posted a second consecutive monthly increase in single-family housing.

Municipalities approved 19,518 new residential dwellings in July, up 12.0%. This was due to a 24.4% increase in multi-family units. The number of single-family units approved declined 1.4% to 8,257.

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Note to readers

Unless otherwise stated, this release presents seasonally adjusted data, which eases comparisons by removing the effects of seasonal variations.

The Building Permits Survey covers 2,400 municipalities representing 95% of the population. It provides an early indication of building activity. The communities representing the other 5% of the population are very small, and their levels of building activity have little impact on the total.

The value of planned construction activities shown in this release excludes engineering projects (e.g., waterworks, sewers or culverts) and land.

For the purpose of this release, the census metropolitan area of Ottawa–Gatineau is divided into two areas: Ottawa–Gatineau (Gatineau part) and Ottawa–Gatineau (Ottawa part).


Non-residential: Increase in industrial construction intentions

Following a volatile pattern, the value of industrial permits increased 26.3% to $503 million, following a 29.4% decline in June. The increase in July was mostly explained by the higher value of permits for mining buildings in Saskatchewan.

Construction intentions for commercial buildings declined 3.7% to $1.5 billion, a second consecutive decline after reaching $1.7 billion in May. The decrease was due mainly to lower construction intentions for trade and services buildings and warehouses. British Colombia and Ontario posted declines in several commercial categories.

After three consecutive monthly increases, the value of institutional permits decreased 4.0% to $759 million, mainly as a result of declines in permits for health buildings in Ontario, Alberta and Quebec.

Permits up in six provinces

The value of building permits increased in six provinces in July. The most significant increases occurred in Quebec (+13.2% to $1.3 billion), as a result of gains in both the residential and non-residential sectors.

While the increase in Saskatchewan was due to the non-residential sector, both the residential and non-residential sectors contributed to the gain in Manitoba.

In contrast, British Columbia and Alberta posted declines in both the residential and non-residential sectors.

Metropolitan areas: Large gains in Kitchener and Montréal

Of the 34 census metropolitan areas, 18 recorded increases in the value of building permits in July.

The largest increases occurred in Kitchener, with gains mainly in non-residential sectors, followed closely by Montréal and Saskatoon.

In contrast, the value of permits fell in Vancouver and Edmonton in July, as a result of declines in the residential and non-residential sectors.

Available on CANSIM: tables 026-0001 to 026-0008, 026-0010 and 026-0015.

Definitions, data sources and methods: survey number 2802.

The July 2008 issue of Building Permits (64-001-XWE, free) will be available soon.

The August building permit estimate will be released on October 6.

To order data, contact Jasmine Gaudreault (toll-free 1-800-579-8533613-951-6321; bdp_information@statcan.gc.ca). For more information, or to enquire about the concepts, methods or data quality of this release, contact Bechir Oueriemmi (613-951-1165), Investment and Capital Stock Division.

Value of building permits, by census metropolitan area1
  March 2008 April 2008 May 2008 June 2008r July 2008p June to July 2008
  Seasonally adjusted
  $ millions % change
Total 4,008.6 4,641.2 4,951.4 4,619.4 4,661.8 0.9
St. John's 32.3 45.9 37.6 43.2 60.5 40.0
Halifax 54.3 80.1 85.3 59.9 74.8 24.8
Moncton 16.3 22.8 23.5 25.6 25.6 0.0
Saint John 15.8 16.6 55.2 24.5 19.5 -20.4
Saguenay 22.5 20.6 28.5 28.4 24.2 -14.6
Québec 159.3 151.2 115.7 168.7 146.0 -13.5
Sherbrooke 51.3 33.6 36.3 27.8 35.0 25.6
Trois-Rivières 15.4 31.4 17.0 27.2 30.2 11.2
Montréal 423.0 539.3 549.6 483.7 584.3 20.8
Ottawa–Gatineau, Ontario/Quebec 199.0 199.3 188.0 195.6 265.1 35.5
Ottawa–Gatineau (Gatineau part) 48.7 42.2 38.7 40.5 118.2 192.0
Ottawa–Gatineau (Ottawa part) 150.3 157.1 149.3 155.1 146.9 -5.3
Kingston 18.6 32.4 123.8 23.0 16.2 -29.6
Peterborough 13.4 17.7 15.6 13.3 11.3 -15.0
Oshawa 69.4 84.0 56.5 103.7 94.7 -8.7
Toronto 1,014.8 1,227.7 1,048.1 1,062.4 1,117.4 5.2
Hamilton 205.6 120.1 92.0 68.7 70.1 2.0
St. Catharines–Niagara 33.5 31.6 33.3 40.6 37.9 -6.6
Kitchener 143.9 105.5 66.8 75.0 179.1 138.8
Brantford 14.4 7.2 11.5 16.7 15.1 -9.6
Guelph 12.7 18.3 25.0 15.5 12.3 -20.5
London 40.4 68.8 183.9 72.9 83.6 14.8
Windsor 12.1 29.3 16.9 18.1 37.6 107.2
Barrie 21.6 53.9 194.8 178.9 18.2 -89.8
Greater Sudbury 12.9 30.0 26.1 20.6 22.8 10.7
Thunder Bay 9.6 25.7 11.9 10.0 41.1 313.0
Winnipeg 74.0 87.7 78.8 68.4 139.9 104.5
Regina 51.1 27.4 36.1 74.9 38.4 -48.7
Saskatoon 42.0 108.8 69.4 57.7 150.4 160.8
Calgary 331.6 428.7 499.0 422.8 435.7 3.1
Edmonton 243.9 255.1 365.5 400.6 290.2 -27.6
Kelowna 63.4 65.5 62.6 75.6 49.8 -34.1
Abbotsford 43.8 70.0 34.6 28.9 44.1 52.6
Vancouver 474.1 547.7 696.3 601.8 407.5 -32.3
Victoria 72.6 57.2 66.1 85.0 83.3 -1.9
r revised
p preliminary
1. Go online to view the census subdivisions that comprise the census metropolitan areas.
Note: Data may not add to totals as a result of rounding.

Value of building permits, by province and territory
  March 2008 April 2008 May 2008 June 2008r July 2008p June to July 2008
  Seasonally adjusted
  $ millions % change
Canada 5,591.4 6,542.7 6,675.4 6,318.5 6,430.8 1.8
Residential 3,563.8 3,952.2 3,727.2 3,600.5 3,696.9 2.7
Non-residential 2,027.6 2,590.5 2,948.2 2,718.1 2,733.9 0.6
Newfoundland and Labrador 51.4 67.2 59.1 71.1 80.9 13.8
Residential 43.1 41.8 42.1 44.6 65.9 47.8
Non-residential 8.2 25.4 17.0 26.5 15.0 -43.5
Prince Edward Island 15.8 20.9 41.9 12.9 15.5 20.2
Residential 8.6 18.8 6.9 10.2 9.1 -10.5
Non-residential 7.2 2.1 35.0 2.7 6.4 135.5
Nova Scotia 98.2 131.6 132.6 135.5 120.3 -11.2
Residential 62.2 60.8 95.7 82.9 73.6 -11.2
Non-residential 35.9 70.8 36.9 52.6 46.7 -11.3
New Brunswick 58.3 73.3 129.6 108.7 85.1 -21.7
Residential 32.5 54.4 61.3 53.0 41.9 -20.9
Non-residential 25.8 18.9 68.3 55.7 43.2 -22.5
Quebec 1,002.5 1,135.7 1,108.6 1,158.9 1,312.1 13.2
Residential 652.0 744.2 692.7 728.6 845.7 16.1
Non-residential 350.5 391.4 415.9 430.3 466.4 8.4
Ontario 2,135.0 2,384.8 2,448.0 2,248.9 2,316.8 3.0
Residential 1,392.1 1,508.8 1,365.1 1,336.9 1,359.6 1.7
Non-residential 742.9 875.9 1,082.9 912.1 957.3 5.0
Manitoba 116.9 143.6 137.1 122.5 193.5 58.0
Residential 93.1 90.5 94.6 77.5 117.3 51.4
Non-residential 23.8 53.1 42.5 45.0 76.2 69.4
Saskatchewan 147.4 228.5 183.1 194.0 286.4 47.6
Residential 94.3 111.3 105.9 114.2 98.6 -13.7
Non-residential 53.1 117.3 77.1 79.8 187.8 135.3
Alberta 993.3 1,269.7 1,290.2 1,186.7 1,140.6 -3.9
Residential 512.6 615.6 615.7 493.8 474.5 -3.9
Non-residential 480.7 654.1 674.5 693.0 666.1 -3.9
British Columbia 949.6 1,076.5 1,134.7 1,063.0 860.7 -19.0
Residential 669.3 697.9 640.9 647.2 601.0 -7.1
Non-residential 280.3 378.6 493.9 415.8 259.6 -37.6
Yukon 4.6 5.2 5.0 3.7 7.1 90.2
Residential 3.7 2.7 3.5 3.0 4.3 44.8
Non-residential 0.9 2.5 1.4 0.7 2.8 272.3
Northwest Territories 18.1 0.6 0.7 2.5 3.1 23.7
Residential 0.1 0.6 0.4 1.2 2.7 132.2
Non-residential 18.0 0.0 0.3 1.3 0.4 -71.2
Nunavut 0.3 5.1 4.9 10.0 8.7 -12.8
Residential 0.0 4.8 2.4 7.6 2.6 -65.3
Non-residential 0.3 0.4 2.5 2.5 6.1 149.0
r revised
p preliminary
Note: Data may not add to totals as a result of rounding.

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