Canada January building permits +8.2% vs +2.5% expected

Canada January 2021 building permit data

Canada January building permits
  • Prior was -4.1%
  • Record high $9.9B in permits issued
  • Residential permits +10.6% including +15.1% in single family homes
  • Non-residential +2.6%

Data releases yesterday showed an absolutely sizzling real estate market throughout the country. The builders are going to be building as fast as they can for the foreseeable future.

Best in 2026

Sponsored

General Risk Warning
investingLive Premium
Telegram Community
Gain Access