Building Permits July 2015

After a large increase the previous month, Nova Scotia building permits, seasonally adjusted, decreased 33.1 per cent compared to June 2015 to $101.5 million. Permits values for the month were 6.2 per cent higher compared to July 2014. Permits for residential construction were down from the previous month 39.6 per but the six month average continues to trend up. Non-residential permits fell 7.0 per cent compared to June 2015 but were 7.1 per cent higher than July 2014. Read more

Residential Construction Investment 2nd Quarter 2015

Residential construction (unadjusted for seasonality) in Nova Scotia for the second quarter 2015 was $542.9 million, 6.3 per cent higher than the 2nd quarter in 2014. New dwellings construction increased by 22.0 per cent  (+$27.3 million)  due to an increase in apartments (+$31.3 million, +107.6%) while singles were up 0.8 per cent (+$0.6 million).   Renovations, the largest share of construction investment , was up 2.3 per cent or $7.8 million compared to 2nd quarter of last year. Read more