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Value of Building Permits in Canada Rises in June

August 7th, 2009 at 6:10

The total value of building permits issued in June across Canada was up 1% over May to a total of $5.2 billion.

However the value of permits is still down 26.2 per cent compared with the same period last year.

Home-building sector permits increased in value by 0.5% representing the 4th consecutive month of increases.

Across Canada BC had the biggest jump in building permit issues – up 30.3%. Quebec was up 11%. Alberta, Saskatchewan and PEI had decreases. In Ontario decreases in single-family permit values was offset by gains in the commercial sector.

Tags: building permits, real estate market

Posted by admin, in Bits and Pieces, Feature Story

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