Canadian Building Permits Rise in June

Canadian building permits in June increased 6.2% from May to $8.1 billion (CAD) but were down 2.3% from the year-ago period.  June residential authorizations rose 7.0% from the prior month to $5.3 billion and grew 6.5% from the comparable month in 2019.  Single-family totals reached $2.1 billion, up 6.6% from May but shrinking 7.5% from the prior year.  Multi-family levels were 7.3% higher than May at $3.2 billion and jumped 18.2% from June 2019.  See Statistics Canada