New Construction NewsMarket InsightsMarket Stats Canada Building Permits Rise for 2nd Month by Nest & Castle March 15, 2020December 3, 2020 March 15, 2020December 3, 2020 The value of building permits in Canada went up 4 percent from a month earlier to CAD 9.2 billion in January 2020, following an upwardly revised 9.9 percent gain in the previous month. The value of residential permits jumped 12.7 percent to CAD 5.8 billion, driven by multi-family dwellings (17.1 percent to CAD 3.4 billion), largely due to multiple projects in the CMA of Vancouver; and single-family dwellings (7 percent to CAD 2.4 billion), boosted by housing developments in Ontario and Quebec. On the other hand, the value of permits of the non-residential sector dropped 7.8 percent to CAD 3.5 billion, mainly due to institutional permits (-30.5 percent to CAD 732 million) and commercial (-0.8 percent to CAD); while industrial permits rose (6.8 percent to CAD 682 million). 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 Canada Building Permits Rebound in December next post Canada Building Permits Fall 7.3% in February You may also like Canada Building Permits Fall More than Expected November 3, 2020 Canada Housing Starts Rise Unexpectedly in August September 15, 2019 Canada Housing Starts Rise Less than Expected December 15, 2019 Canada Housing Starts Unexpectedly Rise in May June 15, 2020 Canada Building Permits Fall the Most in Over... June 3, 2020 Canada Housing Starts Fall Slightly Less than Expected February 15, 2019 Canada Housing Starts Fall 13.3% in May June 15, 2019 Canada Housing Starts Fall Less than Expected January 4, 2020 Canada Building Permits Post Biggest Gain in 12... June 15, 2019