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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!

Sunday, November 24, 2019

Residential building permits down almost 11% in September

There was a double-digit drop in the value of residential building permits issued by Canadian municipalities in September, the latest month’s data published by Statistics Canada.

Residential permits totaled $5.1 billion, down 10.7% from the previous month with multifamily permits down 12.1% to $2.9% and single-family permits down 8.7% to $2.2 billion.

The drop in multifamily resulted from declines in 8 provinces with Nova Scotia and Alberta the only ones to post gains. For single-family, Ontario led the declines after a strong August.

Non-residential permits issued totaled $2 billion, up 6.1% with several high-value office projects in the Vancouver CMA providing the largest boost. The increase in the value of commercial permits more than offset declines in the value of industrial and institutional permits.

The total value of permits issued across residential and non-residential sectors in September was $8.3 billion, down 6.5%.

Quarterly permits

Looking back over the third quarter of 2019, Municipalities issued $25.7 billion of permits, down 1.2% from the previous quarter.

BC saw the largest decrease – down 17.0% to $4.7 billion – following a strong second quarter.

Meanwhile, Ontario was up 6.1% to a record quarterly value of $10.7 billion, largely due to the value of multi-family permits.

MBN

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2 comments:

  1. NancyOctober 28, 2020 at 11:54 PM

    Great information. It's really in need of getting the residential permit down so that we get some more benefit to build our resident. And glad to hear the information here. Thanks lot for sharing this inforamtion.

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  2. SamanthaJune 18, 2021 at 1:23 PM

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