Municipalities issued building permits worth $ 6.4 billion in January, down 9.8 % compared to the previous month. This decline, which followed a 7.7% increase in December, was largely attributable to the decline of multi-family construction intentions in British Columbia and Ontario, and to a lesser extent, buildings institutional Quebec and Alberta.
The value of residential permits fell 12.5% to $ 4.0 billion in January, following a 11.5% increase the previous month. Decreases were recorded in seven provinces, Ontario, British Columbia and Alberta. Nova Scotia, Saskatchewan and New Brunswick have made progress.
Municipalities issued permits for non-residential construction $ 2.4 billion in January, down 4.8% from a month earlier. Decreases were recorded in seven provinces, Quebec and Saskatchewan. Gains were reported in Ontario, Alberta, the Northwest Territories and New Brunswick
Residential :. Construction intentions for multi-family
The value of permits for multi -family homes fell 21.0% to $ 1.8 billion in January, following a gain of 27.7% in December. Declines were reported in six provinces, British Columbia, Ontario, Quebec and Alberta. Nova Scotia recorded the most advanced.
Construction intentions for single-family dwellings fell 4.1% to $ 2.2 billion in January. The value was relatively stable at about $ 2.3 billion for the last four months. Gains in five provinces are not sufficient to offset the significant decrease in Ontario.
Municipalities approved the construction of 15.704 new dwellings in January, down 13.2% from the previous month. The decrease is mainly multi-family dwellings, which fell 18.4% to 10.194 new units. Single-family dwellings fell 1.8% to 5,510 new units
Non-residential :. Decrease in building institutional and commercial intentions
Institutional intentions fell 20.2% to $ 573 million in January, the third consecutive monthly decline. The lower construction intentions for educational institutions, nursing homes and other government buildings accounted for the majority of the decline. Increases in five provinces are not sufficient to offset the significant declines in Quebec, Alberta and Saskatchewan. British Columbia, the Northwest Territories and New Brunswick recorded the largest increases.
The value of commercial building permits fell 7.1% to $ 1.3 billion in January, after rising 12.5% in December. The lower construction intentions for complex retail and storage buildings accounted for most of the decline. Declines were reported in eight provinces, Ontario. The only provinces to post gains were Alberta and New Brunswick.
industrial intentions increased 30.6% to $ 521 million in January, after falling 12.9% in December. The advance at national level is largely the result of higher construction intentions for maintenance and buildings associated with transport. Increases were recorded in five provinces, including Ontario and Alberta
Provinces :. Ontario, British Columbia and Quebec publish largest decreases
The total value of building permits fell in eight provinces in January. Ontario posted the largest decline, followed by British Columbia and Quebec.
The total value of building permits in Ontario was down 10.8% to $ 2.5 billion in January, after rising 8.8% in December. This decline is largely attributable to lower construction intentions for single-family homes, multi-family and commercial buildings.
In British Columbia, the value of building permits fell 11.1% to $ 1.2 billion in January, after rising 11.3% the previous month. Construction intentions for multi-family dwellings and commercial buildings offset the gains reported in other components.
In Quebec, the value of building permits fell 11.7% to $ 973 million, after a slight increase for two consecutive months. Lower construction intentions were reported for each component other than single family homes. This decrease is largely attributable to multi-family dwellings, institutional structures and commercial buildings.
intentions in most census metropolitan areas
In January, the total value of building permits declined in 22 of the 34 census metropolitan areas, with Toronto recording the largest decline, followed by Calgary and Vancouver.
in Toronto, the value of building permits fell 19.7% in January compared to a month earlier. Lower construction intentions were reported in all components other than industrial buildings. The value of permits for single-family homes led the decline, followed by multi-family dwellings and institutional structures.
In Calgary, the value of building permits fell 37.8% in January as a result of construction intentions in all components, excluding institutional structures. The largest decreases were reported for multi-family dwellings and industrial buildings.
Construction intentions in Vancouver were 13.8% lower in January compared to a month earlier. The decline in the value of building permits was largely due to multi-family dwellings.
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