Investment in New Housing Construction, June 2017

New Housing Construction

 

September 1, 2017

Investment in new housing construction rose 7.2% from June 2016 to $4.7 billion in June. The increase was mostly attributable to higher investment in single family dwellings (+$257.9 million).

All but one province saw an increase in new housing investment in June 2017. The largest increase was in Quebec (+$82.6 million), followed by Alberta (+$72.5 million) and British Columbia (+$57.4 million). Newfoundland and Labrador posted a decrease of $7.4 million (-26.2%) compared to June 2016.

http://www.statcan.gc.ca/daily-quotidien/170822/dq170822b-eng.htm

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