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Residential building permits in Canada: Fall in July 2018

Canada National Statistical Office reported that the variable diminished by 6.59% in comparison with the prior month. The indicator went down by 423 316 thousand Canadian Dollars, as it follows the tendency of the previous month when it fell by 7.72 percent. The statistics attained 5 660 361 thousand Canadian Dollars in July 2017, which is a -12.26% shift in comparison to June of 2017. This illustrates a 5.99% variation between July 2017 and the same month one year later. Canada saw a raise of 153.86% in building permits over the past 7 years. As well as the building permits is now greater than its average which equals 4 373 794.1 thousand Canadian Dollars with a slight overall increase since the start of time series. It hit its all-time high of 6 959 962 thousand Canadian Dollars in May 2018 and record low of 2 064 935 thousand Canadian Dollars in February 2011.

Residential building permits in Canada: Fall in July 2018
Date Thousand Canadian Dollars Variation
Jul. 2018 5 999 154.00 -6.59
Jun. 2018 6 422 470.00 -7.72
May. 2018 6 959 962.00 29.04
Apr. 2018 5 393 559.00 7.61
Mar. 2018 5 012 058.00 33.6
Feb. 2018 3 751 527.00 -6.36
Jan. 2018 4 006 421.00 0.24
Dec. 2017 3 996 698.00 -14.36
Nov. 2017 4 666 876.00 -16.69
Oct. 2017 5 601 807.00 8.83

Related Statistics

Building Permits in other Countries

Main Construction Indicators

  • Building Permits

    Number of issued building permits, it is an indicator of the construction sector's growth. A building permit is an authorisation to start work on a building project. As such, a permit is the final stage of planning and building authorisations from public authorities, prior to the start of work. Based on: Eurostat.

  • Construction Completions

    Number of new privately owned housing units completed. Is is an indicator of construction work actually completed within a given period of time or at a particular point in time. Based on: Organisation for Economic Co-operation and Development.

  • Construction GDP

    Value of output of the construction industry less the value of intermediate consumption (intermediate inputs) used in this industry. It can be expressed in millions or billions of national currency, or in percentage of GDP. Based on: Organisation for Economic Co-operation and Development.

  • Construction Output

    Measure of the production in the construction industry.

  • Construction Spending

    Value of total spending in the construction industry, usually expressed in millions billions of national currency. It includes the cost of labor and materials, cost of architectural and engineering work, overhead costs, interest and taxes paid during construction and contractor's profts. Based on: US Census Bureau.

  • Construction Starts

    Number of new buildings on which construction has been started in a given period. Start of a construction occurs when excavation begins for the footings or foundation of a building. Based on: U.S. Census Bureau.

  • Buildings Under Construction

    Number of buildings in a state of construction (up until they receive their certificate of occupancy), at a given date in a country.

  • Building Materials Import

  • Building Materials Export