Canadian Building Permits Rise in June

Canadian building permits in June grew 6.9% from May to $10.3 billion (CAD) and increased 24.1% from the year-ago period.  Residential authorizations rose 9.1% from May to $7.18 billion and were 29.4% higher than June 2020.  Single-family totals reached $3.44 billion, up 4.7% from May and soaring 60.9% from the prior year.  Multi-family levels jumped 13.5% from May to $3.73 billion and went up 9.6% from June 2020.  See Statistics Canada