The total value of building permits issued in British Columbia in July was $816 – a drop of 8.2% compared with June, according to Statistics Canada data released September 9.
In contrast, the value of total permits across the country increased by 20.7% to nearly $8 billion.
B.C. saw the biggest drop in residential building permits in the country, with a decline of around 9.3% from $574 million in June to $521 million. Other provinces posting a drop were Saskatchewan and Prince Edward Island (both down 7.5%).
Across the country, the value of non-residential building permits jumped by 45.5%, led by gains in Ontario (78.5%) and Quebec (60.3%). Non-residential building permits dropped by 6.2% in B.C.
