Section: Real-estate
Residential construction investment, fourth quarter 2015
Published on by Communication service
Residential construction investment, fourth quarter 2015
Residential construction investment totalled $29.7 billion in the fourth quarter, up 2.4% compared with the same quarter in 2014.
Investment in apartment and apartment-condominium building construction, up 25.1% to $4.8 billion, accounted for most of the increase at the national level. Acquisition costs related to new dwelling units built (up 3.3% to $3.4 billion) and spending on row house construction (up 1.9% to $1.2 billion) also contributed to the quarterly gain.
Investment in new housing construction, December 2015
Published on by Communication service
Investment in new housing construction, December 2015
Spending on new residential building construction totalled $3.9 billion in December, up 4.8% from the same month a year earlier.
The increase at the national level came mainly from higher investment in apartment and apartment-condominium building construction, up 23.9% year over year to $1.4 billion. Spending on row house construction also contributed to the advance, up 3.4% to $348 million.
JANUARY 2016 HOUSING STARTS IN QUEBEC
Published on by Communication service
JANUARY 2016 HOUSING STARTS IN QUEBEC
Housing starts in Quebec were trending at 34,560 units in January, compared to 35,678 units in December, according to Canada Mortgage and Housing Corporation (CMHC). The trend is a six-month moving average of the monthly seasonally adjusted annual rates
(SAAR) of housing starts.
Building permits, December 2015
Published on by Communication service
Building permits, December 2015
The total value of building permits issued by Canadian municipalities rose 11.3% to $6.9 billion in December, following a 19.9% decline the previous month. Higher construction intentions for multi-family dwellings in Quebec, Ontario, British Columbia and Alberta explained the advance.
QUEBEC HOUSING STARTS OF SINGLE DETACHED HOUSES IN 2015: A HISTORICAL LOW
Published on by Communication service
QUEBEC HOUSING STARTS OF SINGLE DETACHED HOUSES IN 2015: A HISTORICAL LOW
Housing starts in Quebec were trending at 35,814 units in December, compared to 35,775 units in November, according to Canada Mortgage and Housing Corporation (CMHC). The trend is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts.
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