{"id":25202,"date":"2024-03-12T07:57:47","date_gmt":"2024-03-12T14:57:47","guid":{"rendered":"https:\/\/essential.construction\/news\/multis-lead-permit-advance-statcan\/"},"modified":"2024-03-12T07:57:48","modified_gmt":"2024-03-12T14:57:48","slug":"multis-lead-permit-advance-statcan","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/multis-lead-permit-advance-statcan\/","title":{"rendered":"Multis lead permit advance: StatCan"},"content":{"rendered":"\"-\"<\/a>\n
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Month over month, the total value of building permits in Canada rose 13.5% in January to $10.8 billion, rebounding after a decrease of 11.5% in December. The residential sector increased 12.6% to $6.5 billion in January, while the non-residential sector grew 14.8% to $4.2 billion. The total value of building permits was up 14.0% to $6.7 billion in January.<\/p>\n

Housing intentions in Ontario lead overall gains in the residential sector. The total monthly value of residential permits increased 12.6% to $6.5 billion in January, following a weak December. Gains in the residential sector in January were led by a strong rebound in multi-unit construction intentions (+35.1% to $4.0 billion), and Ontario (+29.1% to $1.4 billion) led this increase. Specifically, multi-unit permits were concentrated in the census metropolitan areas of Toronto, Kitchener\u2013Cambridge\u2013Waterloo and London. Quebec (+61.6%; +$244.7 million) and British Columbia (+36.7%; +$281.9 million) also posted notable gains in multi-unit permit values.<\/p>\n

The overall residential growth in January was tempered by a decline in the total value of single-family dwelling permits (-10.3% to $2.6 billion), with declines occurring in nine provinces.<\/p>\n

Across Canada, 15,200 new dwellings in multi-unit buildings and 4,000 new single-family dwellings were authorized in January.<\/p>\n<\/p><\/div>\n