The value of residential construction permits issued by Canada’s municipalities in January exceeded $5 billion for the third time in four months.
The $5.1 billion value of permits is a 2.7 per cent increase from December with gains in Alberta, BC and Manitoba leading seven provincial increases; and offsetting a large drop in Ontario.
Intentions for multi-family construction was up 3.6 per cent to $2.3 billion, Statistics Canada reported; while single-family permits totalled $2.8 billion, a rise of 1.9 per cent from December.
The volume of new homes for which permits were issued slipped to 19,207, with multi-family units down 5.2 per cent while single-family units increased 0.8 per cent.
By metro area, Edmonton posted the largest rise in permits followed by Hamilton but in total 20 of the 36 census metropolitan areas posted gains.
For non-residential permits, the total issued was up 11.2 per cent to $2.5 billion with every component increasing led by institutional buildings.
MBN
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!
"THE JACKIE GOODLET TEAM" Re/Max Rouge River Reatly Ltd., Brokerage Direct/Text: 289-200-5883 Office: 1-800-663-7119 info@thejackiegoodletteam.com
About Me

- Jackie Goodlet, Broker
- GTA, Ontario, Canada
- A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With 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 And Your Referrals Are Always Welcome And Rewarded!
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment