March Canadian Residential Construction Investment Up

Canadian building construction investment grew 4.5% from February to $20.4 billion (CAD) in March. Residential construction spending improved 5.4% to $14.3 billion. Seasonally adjusted single-family investment was 6.5% higher than February at $7.3 billion, and multi-unit levels increased 4.4% to $7.0 billion in March. Non-residential totals were $6.1 billion, climbing 2.3% from February. See Statistics Canada

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