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Gains in the residential sector paced investment in building construction to monthly growth; the non-residential monthly totals fell but overall, sector investment came in higher than June of last year.
Investment in non-residential building construction, June 2025. (Source: Statistics Canada, Table 34-10-0293-01—Investment in Building Construction.)
Investment in building construction rose $454.4 million to $22.7 billion in June, reports Statistics Canada. The residential sector gained 3.1 per cent in value over the May report, while the non-residential sector edged down by a half-per-cent. Year-over-year saw some significant growth in investment in building construction in June, as the industry posted an eight per cent gain compared to June of 2024.
For this past June, investment in residential building construction reached $15.9 billion, with the multi-unit component leading the charge with a 4.2 per cent gain. The single-family component contributed to positive growth, rising 1.8 per cent compared to May of this year. Multi-unit construction investment rose $362.3 million to $9.1 billion as Quebec and British Columbia posted sizable gains.
Investment in single-family home construction grew by $123.0 million to $6.9 billion in June. This increase was led by Quebec and Ontario, but was felt in most regions as seven provinces and two territories contributed to the increase in this component.
The story in the non-residential sector was not as good for June, edging down $30.8 million to $6.7 billion from May’s results. All three components in the non-residential sector decreased, with industrial falling 1.9 per cent, and the institutional and commercial components both posting slim 0.1 per cent decreases.
The industrial component sat at $1.4 billion in June, as it posted a fifth consecutive monthly decrease. Losses were led by Quebec and, to a lesser extent, Ontario. The institutional component edged down $1.8 million to $2.0 billion in June, with decreases being recorded in six provinces and three territories, led by Quebec. The declines were partially offset by increases in Alberta and British Columbia. The commercial component was down slightly as well, decreasing $1.7 million to $3.3 billion in June. Declines in the commercial component were led by Ontario and British Columbia and were tempered by an increase in Quebec.
The value of investment in building construction was $67.4 billion in the second quarter, virtually unchanged from the previous quarter. Year over year, investment in building construction grew by 8.5 per cent.
Investment in residential building construction edged up 0.2 per cent to $47.1 billion in the second quarter. This increase was driven by the multi-unit component, which rose 1.5 per cent, while the single-family component declined 1.4 per cent.
Investment in non-residential building construction decreased 0.6 per cent to $20.3 billion in the second quarter. Decreases in the industrial and commercial components were partially offset by an increase in the institutional component.
Compared to June of 2024, this past June’s totals were up a little over 10 per cent on the residential side, and slightly more than one per cent across the non-residential segments.