Canada Investment in Housing Construction: April 2015

Investment in Canadian new housing construction rose 2.3 per cent to $3.9 billion in April compared with the same month in 2014, according to Statistics Canada Monday.
Higher investment in apartment and condominium building construction was responsible for most of the national advance, rising 7.9 per cent to $1.3 billion.
Single-family dwellings were the lone component to register a decline in construction spending, down 1.8 per cent to $2 billion.

Canada Construction Investment

Increases in new housing construction on a year-over-year basis were registered in four provinces, led by British Columbia, followed by Ontario, Alberta, and Nova Scotia, said Statistics Canada.
In BC, total investment in new residential construction rose 18.2 per cent to $739 million. In Ontario, investment increased 7 per cent to $1.3 billion, while in Alberta, spending was up 8.3 per cent to $1 billion. In Nova Scotia, spending grew 9.6 per cent to $47 million.
In contrast, Quebec recorded the largest decline, followed by Saskatchewan and Manitoba.