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housing permits take a breather

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Small decline in permits


Bruce Schoenne, RI, AACI, P.App.
Nov 6, 2006 - 7:10:00 PM
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September 2006


The value of building permits took a bit of a breather in September, and settled in at about $5.7 billion.  The decline is 2.5% from August 2006 figures. 

Regardless of the decline, building permits for September are still recorded as the third highest monthly level ever.  As is becoming a bit of the norm over the recent past, Alberta has been one of the largest contributors. 

September building permits

Most of the decline occurred in the residential sector, as building permits in the non-residential sector remained virtually unchanged, slipping only 0.3% to $2.2 billion.

The value of building permits fell in six provinces with the largest declines in Ontario and British Columbia.  The value of intentions was up in Prince Edward Island, and the three Prairie provinces.  The largest gain in permit values occurred in Alberta where $1.3 billion worth of permits were taken out, another record high.

The October building permit estimate will be released on December 6.

Previous release on building permits.

 


 

Statistics Canada information is used with the permission of Statistics Canada. Users are forbidden to copy the data and redisseminate them, in an original or modified form, for commercial purposes, without the expressed permission of Statistics Canada. Information on the availability of the wide range of data from Statistics Canada can be obtained from Statistics Canada's Regional Offices, its World Wide Web site at http://www.statcan.ca, and its toll-free access number 1-800-263-1136.


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