New Canadian housing construction investments rise in January

Monday, 23 March 2015 00:19:45 (GMT+3)   |   San Diego
       

According to Statistics Canada, investment in new housing construction totaled $3.5 billion in January, up 4.6 percent from the same month in 2014.

Higher investment in all dwelling types was responsible for the increase in total investment in new residential building construction. Spending in apartment and apartment-condominium building construction led the advance, up 6.4 percent to $1.1 billion.

Single-family dwellings followed with a 2.3 percent increase to $1.9 billion. Row houses (+8.7 percent to $335 million) and semi-detached dwellings (+10.7 percent to $200 million) also contributed to the gain observed at the national level.


Similar articles

Investment in Canadian building construction down 1.1 percent February

19 Apr | Steel News

Value of Canadian building permits up 9.3 percent in February

10 Apr | Steel News

Investment in Canadian building construction down 0.9 percent in January

18 Mar | Steel News

Value of Canadian building permits up 13.5 percent in January

07 Mar | Steel News

Canadian new home prices decline 0.1 percent in January

21 Feb | Steel News

Investment in Canadian building construction up 0.3 percent in December

15 Feb | Steel News

Value of Canadian building permits down 14 percent in December

06 Feb | Steel News

Canadian residential building construction costs edge up in Q4

01 Feb | Steel News

Canadian new home prices remain stable in December

23 Jan | Steel News

Value of Canadian building permits down 3.9 percent in November

09 Jan | Steel News