Toronto Real Estate Services | Royal LePage Signature Realty

Condos fueling jump in Canadian housing starts

According to STATSCAN, building permits worth$5.8 -billion were issued in January, which is up 1.7% from December.  The value of permits were also up 17.6% after a 6 month decline.

Cumulatively, municipalities approved building permits for 16,002 new dwellings in January.  Down 15.6 percent from December.

For more information on this article, please visit The Globe and Mail.

Royal LePage Signature Realty, Brokerage*
495 Wellington Street West, Suite #100
Toronto ON M5V 1E9
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Royal LePage Signature Realty, Brokerage*
495 Wellington Street West, Suite #100
Toronto ON M5V 1G1
*Independently Owned & Operated