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Vancouver's Residential Construction Permits Up 95% in March: StatCan

Joannah Connolly
May 7, 2015

The value of Vancouver’s residential building permits in March was nearly double that of the same month last year, according to Statistics Canada data released May 7.

Residential permits in the city totalled $667 million in March, up 95 per cent compared with March 2014, and a rise of nearly 36 per cent compared with the previous month.

Victoria’s residential building permits were also up year over year, rising in value by 60.6 per cent compared with March 2014. Kelowna residential permits were up a much more modest 5.5 per cent and Abbotsford-Mission saw a decline, down 44.3 per cent compared with March 2014.

Across Canada, the value of residential construction permits rose 20.6 per cent year over year and 8.1 per cent month over month to $4.48 billion in March.

To read the full Statistics Canada report and interactive charts, click here.

Joannah Connolly
Joannah Connolly is editorial director of Glacier Real Estate, Glacier Media's real estate division. Joannah writes and curates real estate news for Glacier Media's local newspaper websites, including the Vancouver Courier, North Shore News, Burnaby Now, Tri-City News and others. She also oversees editorial content in Real Estate Weekly Homes, West Coast Condo, Western Investor and Glacier's special real estate publications. A dual Canadian-British citizen, Joannah has 22 years of journalism and editing experience in Vancouver and London, with a background in construction, architecture, healthcare and business media. Joannah has appeared on major local TV outlets as a real estate commentator, has moderated and spoken on various industry panels, and spent two years hosting the Real Estate Therapist radio show on Roundhouse Radio.