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Canadian Building Permits Increases in December

Canadian building permits in December 2019 increased 7.4% from November to $8.67 billion (CAD) but were still down 1.8% from the year-ago period.  Residential authorizations rose 6.8% from the prior month to $5.04 billion in December but were down 4% from the comparable month in 2018.  December single-family totals fell 3.2% from the prior month to $2.17 billion, while multi-family levels gained 15.9% to $2.87 billion.  See Statistics Canada

 

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