Value of Calgary Region Building Permits Soars

The value of building permits in the Calgary region ballooned in June to more than $800 million, according to Statistics Canada.

 

The federal agency reported Thursday that permits hit $811.7 million during the month in the Calgary census metropolitan area, an increase of 26.6 per cent from May and up by 51.3 per cent year-over-year.

 

The Calgary region was buoyed by the non-residential sector which saw permits of $478.5 million, up 135.3 per cent from May and an increase of 147.7 per cent from last year.

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