Topic: 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, 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, February 2017

Published on by Communication service

Building permits, February 2017 -

Building permits, February 2017

Canadian municipalities issued $7.5 billion worth of building permits in February, down 2.5% from January. Ontario and Alberta led the five provinces that reported declines in February. The national decrease was mainly the result of lower construction intentions for single-family dwellings and institutional structures.

Canadian housing starts trend upwards in February

Published on by Communication service

Canadian housing starts trend upwards in February -

Canadian housing starts trend upwards in February

Housing starts are now on pace to hit 204,669 units in Canada, whereas January saw them hitting 200,255 units, 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.