{"id":30569,"date":"2025-05-23T18:08:32","date_gmt":"2025-05-24T01:08:32","guid":{"rendered":"https:\/\/essential.construction\/news\/single-family-permits-continue-slide-through-first-quarter-2025\/"},"modified":"2025-05-23T18:08:32","modified_gmt":"2025-05-24T01:08:32","slug":"single-family-permits-continue-slide-through-first-quarter-2025","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/single-family-permits-continue-slide-through-first-quarter-2025\/","title":{"rendered":"Single Family Permits Continue Slide Through First Quarter 2025"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-1003296259 aligncenter\" src=\"https:\/\/www.canadiancontractor.ca\/wp-content\/uploads\/2025\/05\/march-permits.png\" alt=\"-\" width=\"580\" height=\"435\" srcset=\"https:\/\/www.canadiancontractor.ca\/wp-content\/uploads\/2025\/05\/march-permits.png 580w, https:\/\/www.canadiancontractor.ca\/wp-content\/uploads\/2025\/05\/march-permits-250x188.png 250w, https:\/\/www.canadiancontractor.ca\/wp-content\/uploads\/2025\/05\/march-permits-533x400.png 533w\" sizes=\"auto, (max-width: 580px) 100vw, 580px\"><a rel=\"noopener nofollow\" href=\"https:\/\/www150.statcan.gc.ca\/n1\/daily-quotidien\/250514\/cg-a002-png-eng.htm\" target=\"_blank\">Statistics Canada reports<\/a> that in March, the total value of building permits issued in Canada decreased by $549.4 million (-<span class=\"nowrap\">4<\/span>.1%) to $12.9 billion. The decrease was led by the non-residential sector (-$716.3 million), and it was tempered by the residential sector (+$166.9 million). On a constant dollar basis (2017=100), the total value of building permits issued in March decreased\u00a05.1% from the previous month and was up\u00a011.1% on a year-over-year basis.<\/p>\n<div class=\"panel panel-default sd-thumbnail\">\n<div class=\"panel-heading\">Residential construction intentions in Canada increased $166.9 million (+2.0%) in March to reach $8.7 billion. A gain in the multi-family component (+$322.5 million to $5.9 billion) was partially offset by a decline in the single-family component (-$155.6 million to $2.8 billion). The rise in the multi-family component in March was particularly strong in British Columbia (+$397.8 million), driven by the Vancouver census metropolitan area (<a rel=\"nofollow\" class=\"acro01-tooltip tooltipstered\">CMA<\/a>) (+$652.3 million). Meanwhile, the single-family component decrease was primarily observed in Ontario (-$185.7 million) and was supported by Quebec (-$26.0 million). Overall,\u00a022,800\u00a0multi-family dwellings and\u00a04,400\u00a0single-family dwellings were authorized for construction in March, representing a\u00a04.6% increase from the previous month.<\/div>\n<\/div>\n<p><strong>Quarterly review: British Columbia leads gains in the first quarter<\/strong><\/p>\n<p>The total value of building permits in the first quarter was $39.1 billion, up 2.9% from the previous quarter ($38.0 billion), a fifth consecutive quarterly increase. British Columbia (+$1.7 billion) led the growth in construction intentions. The residential sector grew $1.5\u00a0billion (+5.9%) to $25.9\u00a0billion in the first quarter, fuelled by a gain in the multi-family component (+$1.5\u00a0billion; +9.6%) to reach a record high of $17.3\u00a0billion. The gain in multi-family construction intentions was concentrated in British Columbia (+$1.2\u00a0billion), driven by broad-based growth in the Vancouver <a rel=\"nofollow\" class=\"acro02-tooltip tooltipstered\">CMA<\/a>. Meanwhile, single-family construction intentions edged down $55.0\u00a0million (<span class=\"nowrap\">-0<\/span>.6%) to $8.6\u00a0billion, with Alberta (-$75.2\u00a0million) and Ontario (-$64.1\u00a0million) leading the decline. Nova Scotia (+$34.7\u00a0million) tempered these losses, along with five other provinces and one territory.<\/p>\n<p>\u00a0<\/p>\n<\/div>\n<p><script>(function(d, s, id) {\n\t  var js, fjs = d.getElementsByTagName(s)[0];\n\t  if (d.getElementById(id)) return;\n\t  js = d.createElement(s); js.id = id;\n\t  js.src = \"\/\/connect.facebook.net\/en_US\/sdk.js#xfbml=1&appId=761779333850340&version=v2.0\";\n\t  fjs.parentNode.insertBefore(js, fjs);\n\t}(document, 'script', 'facebook-jssdk'));<\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.canadiancontractor.ca\/canadian-contractor\/single-family-permits-continue-slide-through-first-quarter-2025\/1003296258\/\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Statistics Canada reports that in March, the total value of building permits issued in Canada decreased by $549.4 million &#8230; <a title=\"Single Family Permits Continue Slide Through First Quarter 2025\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/single-family-permits-continue-slide-through-first-quarter-2025\/\" aria-label=\"Read more about Single Family Permits Continue Slide Through First Quarter 2025\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1090],"tags":[1091],"class_list":["post-30569","post","type-post","status-publish","format-standard","hentry","category-canadian-contractor","tag-canada","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/30569","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/comments?post=30569"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/30569\/revisions"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=30569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=30569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=30569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}