New Housing Construction: December Up 5.1% Year Over Year

New Housing

 

Investment in new housing construction totalled $3.7 billion in December, up 5.1% from the same month a year earlier. The largest year-over-year advance occurred in Alberta, followed by British Columbia and Ontario. In Alberta, total investment in new residential building construction was up 16.7% to $865 million. British Columbia saw an 11.3% increase in spending to $633 million. In Ontario, investment rose 4.0% to $1.2 billion. Conversely, Manitoba posted the largest decline (-18.8% to $96 million). 

At the national level, investment rose in all dwelling types. Single-family dwellings led the increase, with spending up 4.3% from December 2013 to $2.0 billion in December 2014. Row houses followed, with a 12.8% advance to $337 million. Spending in apartment and apartment-condominium building construction was up 3.3% to $1.1 billion, while investment in semi-detached dwellings rose 12.0% to $216 million.

Source: Statistics Canada, http://www.statcan.gc.ca/daily-quotidien/150220/dq150220d-eng.htm?cmp=mstatcan.

 

Related Articles

Grounded in Ontario Episode 12: Piloting Remote Inspections

Grounded in Ontario Episode 12: Piloting Remote Inspections

March 7, 2023 ESA’s Vice President of Operations, Eric Kingston announces that ESA is piloting remote inspections with the development of its first app. With around 420,000 inspections a year, it’s vital that the ESA have the best means of communications between its inspectors and its licensed electrical contractors (LECs), which is why they are…

Canada’s First Certified Zero-Carbon Building Offsets its Energy Use Over Three Years with Rooftop and Carport Solar System

Canada’s First Certified Zero-Carbon Building Offsets its Energy Use Over Three Years with Rooftop and Carport Solar System

October 21, 2024 The evolv1 building in the University of Waterloo Research and Technology Park in Waterloo, Ontario, has become self-sufficient in electricity following the installation of an innovative DC-optimized rooftop and carport solar system. Over a three year period, the system offset 105% of the facility’s energy use and saved approximately $360,000 in energy…

Latest Articles

Changing Scene

  • Thermon Expands Electric Heater Offering Through Aquisition of F.A.T.I.

    Thermon Expands Electric Heater Offering Through Aquisition of F.A.T.I.

    October 25, 2024 Thermon has announced the acquisition of Fabbrica Apparecchiature Termoelettriche Industriali S.r.L. (F.A.T.I.), a manufacturer of electric heaters for industrial applications, based in Milan, Italy. F.A.T.I. is a leading designer and manufacturer of electrical heaters and heating systems for a broad range of industrial end markets, including oil & gas, pharmaceutical, renewables, nuclear… Read More…

  • CDM2 Partners with ELEC-TECH Sales to Expand Emergency Lighting Solutions Across BC

    CDM2 Partners with ELEC-TECH Sales to Expand Emergency Lighting Solutions Across BC

    October 25, 2024 CDm2 LIGHTWORKS is pleased to announce a strategic partnership with Elec-Tech Sales to bring ABB LUMACELL emergency lighting products and systems into their diverse application-driven solutions. “This partnership with Elec-Tech Sales strengthens our ability to deliver a robust portfolio of integrated lighting, controls, and electrical solutions,” noted Darren Luce, President + Principal of CDm2 LIGHTWORKS. “Together,… Read More…

  • Manitoba Government Introduces Legislation to Help Build New Housing Faster

    Manitoba Government Introduces Legislation to Help Build New Housing Faster

    October 25, 2024 The Manitoba government has introduced amendments to the Planning Act and the City of Winnipeg Charter Act that would change the appeals process for zoning changes by removing a requirement that made it difficult for municipalities to change local zoning bylaws and allowing faster new housing construction, Municipal and Northern Relations Minister… Read More…

  • Piloting New Ways to Make Homes More Energy-Efficient and Affordable

    Piloting New Ways to Make Homes More Energy-Efficient and Affordable

    October 22, 2024  Canada’s buildings sector is the third-largest contributor to greenhouse gas emissions across the country.  We must increase the scale and pace of retrofitting buildings across the country to make them more energy-efficient, increasing savings and reducing emissions. A federal investment totalling $4.3 million has been announced for five projects funded under the Greener Neighbourhoods Pilot Program (GNPP)… Read More…