According to calculations of Statistics Canada, the value of building permits in the Calgary region have increased more than $800 million in June. It revealed on Thursday that permits reached up to $811.7 million during the month in the Calgary census metropolitan area, i.e. a 26.6 per cent increment from May and up to 51.3 per cent year-over-year.
Meanwhile, total permits of $1.7 billion were raised in Alberta, triggering a 13.0 per cent increase on a monthly basis and 25.5 per cent on an annual basis. Whereas, residential permits in Alberta cost up to $849.8 million, i.e. an increase of 12.5 per cent from last year but a decline of 1.2 per cent from the previous month. On the other hand, Alberta’s non-residential permits increased up to 31.5 per cent month-over-month and 41.6 per cent year-over-year to $865.1 million.