Highlights for Nova Scotia Building Construction (April 2021)
Highlights for April 2021 —
Investment in Nova Scotia building construction increased 2.7% in April 2021 (seasonally adjusted) compared to March 2021.
- Outside of Halifax monthly building construction increased 20.2%
- Halifax building construction decreased 14.9% in April 2021.
Total Nova Scotia building construction investment was $351.5 million in April 2021.
- Outside of Halifax building construction totalled $206.0 million in April 2021, while there was $145.4 million in building construction in Halifax.
- There had been a notable acceleration in building construction investment towards the end of 2020, particularly residential construction investment in Halifax.
In April 2021, non-residential building construction edged down 0.2% to $51.2 million in Nova Scotia (seasonally adjusted).
- In Halifax, non-residential construction was down 5.0% to $21.4 million.
- Outside of Halifax, non-residential construction was up 3.6% to $29.8 million.
Overview of Q1 —
In the first four months of 2021, building construction investment (seasonally adjusted) was up 26.2% in Nova Scotia over January-April 2020.
- Halifax construction activity was up 12.6% and outside of Halifax construction activity was up 46.0%.
- National building construction investment was up 26.6% with all provinces reporting increases over January-April 2020. The largest increases over this period were reported in Prince Edward Island (+50.5%) and New Brunswick (+46.4%).