The value of residential building permits fell 0.9% in June as intentions in Ontario led four provinces lower.
Single-family home intentions fell 12.5% to $2.4 billion while multi-family permits gained 12.5% to $2.7 billion. Ontario again led the declines for multi-family but also the gains for multi-family along with British Columbia.
Non-residential intentions gained 8.8% though to $3 billion led by offices and student accommodation in Ontario.
The combined residential and non-residential figure was the second highest on record at $8.1 billion, up 2.5% from May.
We hope you are finding our Blog informative and enjoyable to read while keeping you up to date with the ever changing real estate market.
Please feel free to contact me via Direct/Text or e-mail at any time and my team will be pleased to assist you, family members and friends with all your real estate needs. Referrals are always welcome!
- Jackie Goodlet, Broker
- GTA, Ontario, Canada
- Experienced Realtor (2012, 2013, 2014 And 2015 Recipient Of The Prestigious RE/MAX PLATINUM CLUB AWARD For Sales Greater Than 10 Million Annually) in Durham Region And The GTA, #1 Team 2014 & 2015 Whitby Office. "THE JACKIE GOODLET TEAM" has extensive knowledge which includes selling resale homes, new build homes & condo's since 1989. With over 25 years experience and exceptional negotiating skills we are confident we can save you time and money on all your real estate endeavours. We look forward to hearing from you soon!