Investment in New Housing Up in April

new housing

Investment in new housing construction rose 2.3% to $3.9 billion in April compared with the same month in 2014. Higher investment in apartment and apartment-condominium building construction was responsible for most of the national advance, rising 7.9% to $1.3 billion. Increased spending in row house construction (+5.9% to $383 million) and semi-detached dwelling construction (+3.2% to $229 million) also contributed to the advance. Single-family dwellings were the lone component to register a decline in construction spending, down 1.8% to $2.0 billion.

Increases on a year-over-year basis were registered in four provinces, led by British Columbia, followed by Ontario, Alberta and Nova Scotia. In British Columbia, total investment in new residential construction rose 18.2% to $739 million. In Ontario, investment increased 7.0% to $1.3 billion, while in Alberta, spending was up 8.3% to $1.0 billion. In Nova Scotia, spending grew 9.6% to $47 million.

Source: Statistics Canada, http://www.statcan.gc.ca/daily-quotidien/150622/dq150622b-eng.htm?cmp=mstatcan

Related Articles

Changing Scene

  • AD Reports Robust Member Sales Growth in the First Three Months of 2026

    AD Reports Robust Member Sales Growth in the First Three Months of 2026

    AD reports that member sales through the first three months of 2026 increased 16% to nearly $28 billion across the group’s divisions and countries. Same-store sales of existing AD members increased by 10%. The U.S. Electrical and U.S. PVF Divisions led the way with 13% growth. Member purchases from AD suppliers increased 28%. AD’s member count… Read More…

  • Electromate Named One of Canada’s Best Workplaces by Great Place to Work

    Electromate Named One of Canada’s Best Workplaces by Great Place to Work

    Electromate Inc. has been recognized as the 95th Best Workplace in Canada in 2026 by Great Place to Work. This recognition reflects Electromate’s ongoing commitment to building a workplace grounded in employee engagement, trust, and a clearly defined company culture. Electromate places a strong emphasis on a leadership-driven culture. Through consistent communication, coaching programs, and… Read More…

Peers & Profiles

Copper US Dollar Price Per Pound