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Canadian Building Permits Rise

Canadian building permits in December 2018 totaled $8.8 billion, rising 6% from November and up 10.6% from the comparable month in 2017. Residential authorizations increased 4.2% from November to $5.3 billion and were 4.9% higher than December 2017.  Single-family homes fell 5.4% in December to $2.0 billion and were down 24.9% from the same period last year.  Non-residential building permits increased 8.9% to $3.5 billion in December and were 20.3% higher than the year prior.  See Statistics Canada

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