Canada: Dwelling Permits Lowest in 3 Months

In July 2019 the dwelling permits were almost 42.800 units in Canada. This is 125,5% over the annual average and the lowest since April 2019. In comparison to the last 10 years the highest value was 50.402 units in May 2018 and the lowest value was 6.323 units in January 2009. Compared to the year before, the value has increased by 7,9% and compared to June,we have a decrease of the value by -2,3%. Based on this data, the B+L forecast for the current year leads to a yearly decline of -4,7%.

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