Calgary Region Building Permits Up More Than 10% From Last Year

CALGARY — The value of building permits in the Calgary region was $372.1 million in November, according to Statistics Canada.

The federal agency reported Thursday that permits in the Calgary census metropolitan area were down 5.9 per cent from the previous month but up 10.8 per cent from a year ago.

In Alberta, building permits hit $1.2 billion in November, up 1.5 per cent on a monthly basis and an increase of 26.3 per cent from November 2011.

Residential permits in the province rose by 6.6 per cent month-over-month and by 23.9 per cent year-over-year to $740.6 million while non-residential permits of $498.1 million were down 5.2 per cent on a monthly basis but up 29.9 per cent on an annual basis.

Nationally, total permits in Canada reached $6.2 billion in November, representing a 17.9 per cent decline from October but a slight increase of 0.2 per cent from November 2011.

Residential permits of $3.8 billion were down 6.8 per cent month-over-month and 1.9 per cent year-over-year while non-residential permits of $2.4 billion declined by 30.6 per cent from the previous month but increased by 3.7 per cent from a year ago.

mtoneguzzi@calgaryherald.com

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