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Building permits, January 2024

From statcan.gc.ca

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. On a constant dollar basis (2017=100), the total value of building permits was up 14.0% to $6.7 billion in January. 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 ... (full story)

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