The Hottest New Housing Developments to Watch out forMarket InsightsMarket Stats Canada Building Permits Post Biggest Gain in 12 Years by Nest & Castle June 15, 2019December 3, 2020 June 15, 2019December 3, 2020 Canadian municipalities issued a record CAD 9.3 billion worth of building permits in April 2019, up 14.7 percent from the previous month while markets had expected a smaller 1.3 percent rise. The CAD 1.2 billion increase in the value of permits was the largest since May 2007, with British Columbia accounting for most of the gain, due to permits being issued ahead of the development cost increase in Metro Vancouver in May, the first change in costs in that region since 1997. Meanwhile, Quebec reported the largest decline, down CAD 147 million from March. About Nest and Castle Nest & Castle Inc is a leading edge real estate brokerage based in the heart of the Greater Toronto Area (GTA). We provide creative solutions and strategic advice on all aspects of the real estate industry. Our mix of conventional real estate techniques and forward-thinking technologies makes the buying or selling of your home, an easy and enjoyable experience. Search Exclusive New Developments Looking for your Dream Home? Sell Smarter With Data. It's The Future. 0 comment previous post 1 Square Phillips Condos Montreals Tallest Residential Building Sales Starting Soon next post Canada Housing Starts Fall 13.3% in May You may also like Toronto Average Sale to List Price 101% December 5, 2020 M City 3 Penthouse and Podium Investor Units... March 13, 2019 August 15, 2019 Canada Building Permits Rise More than Expected in... September 15, 2019 Canada Housing Starts Fall Slightly Less than Expected February 15, 2019 Canada Building Permits Fall More than Expected in... July 15, 2019 Canada Building Permits Unexpectedly Rise in August October 15, 2019 Canada Building Permits Fall More than Expected November 3, 2020 Canada Building Permits Rise for 2nd Month March 15, 2020