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Canada Data: Building Permits +4.7% in May vs -4.7% in Apr>

Data for:          May 2018
Source: Statistics Canada
Millions of Canadian dollars
                                                     yr/yr   mo/mo   mo/mo   yr/yr
                          May-18   Apr-18   Mar-18   May-17  May-18  Apr-18  May-18
Total                     8242.5   7870.0   8259.0   8279.1     4.7    -4.7    -0.4
 Residential              5515.0   5122.1   5357.7   5319.8     7.7    -4.4     3.7
  Single-family*          2454.1   2309.8   2401.1   2795.5     6.2    -3.8   -12.2
  Multi-unit              3060.9   2812.3   2956.6   2524.3     8.8    -4.9    21.3
 Non-residential          2727.5   2747.9   2901.3   2959.3    -0.7    -5.3    -7.8
  Industrial               556.9    503.5    660.6    624.3    10.6   -23.8   -10.8
  Commercial              1648.5   1700.9   1667.6   1545.0    -3.1     2.0     6.7
  Institutional            522.1    543.6    573.0    790.1    -4.0    -5.1   -33.9
                                                  Number of Units
Total dwellings            21344    20016    19058    18933     6.6     5.0    12.7
Single-family*              5361     5140     5194     6078     4.3    -1.0   -11.8
Multi-unit                 15983    14876    13864    12855     7.4     7.3    24.3
* Single-family includes single-detached, mobile home and cottage.
Percentage changes are calculated by MNI.
--MNI Ottawa Bureau; email: yali.ndiaye@marketnews.com
[TOPICS: MACDA$]

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