Canadian Building Permits Fall in July

Canadian building permits in July fell 3.9% from June to $9.9 billion (CAD) but increased 21.8% from the year-ago period.  Residential authorizations decreased 3.1% from June to $6.97 billion but were 30.3% higher than July 2020.  Single-family totals reached $3.08 billion, down 9.6% from June but jumping 35.7% from the prior year.  Multi-family levels rose 2.7% from June to $3.89 billion and went up 26.3% from July 2020.  See Statistics Canada