Vancouver Regional Construction Association’s 2012 outlook remains positive despite non-residential declines

VANCOUVER, May 7, 2012 – Total building permit values in the Lower Mainland-Southwest region rose two per cent in March 2012 compared to February 2012 and were up nine per cent compared to the first three months of 2011, according to Vancouver Regional Construction Association’s analysis of today’s Statistics Canada Building Permit Report.

Media release

Regional data

A doubling of residential permits not enough to offset a drop in non-residential permits

VANCOUVER, May 7, 2012 – Building permit values in Abbotsford dropped in March 2012, with a rise in residential permits not enough to offset a drop in non-residential activity, according to Vancouver Regional Construction Association’s analysis of Statistics Canada Building Permit Report.

Media release

Regional data

Metro Vancouver spending posts gains in all three categories over fourth quarter 2011

VANCOUVER, April 18, 2012 – Non-residential construction investment spending in Metro Vancouver rebounded from the fourth quarter of 2011 with gains in all three building categories in the first quarter of 2012, according to Vancouver Regional Construction Association’s analysis of Statistics Canada’s Investment in Non-Residential Building Construction report.

Media release

Regional data

First quarter 2012 spending highest since fourth quarter 2008

VANCOUVER, April 18, 2012 – Non-residential construction investment in the Abbotsford CMA continued to increase in the first quarter of 2012, largely due to gains in the commercial building sector, according to Vancouver Regional Construction Association’s analysis of Statistics Canada’s Investment in Non-Residential Building Construction report.

Media release

Regional data

Drop in non-residential permits offset by more residential activity

VANCOUVER, April 5, 2012 – Total building permit values rose six per cent in February 2012 compared to January 2012 and were up 31 per cent over February 2011, according to Vancouver Regional Construction Association’s analysis of today’s Statistics Canada Building Permit Report.

Media release

Regional data

Drop in residential permits offset by jump in non-residential permits

VANCOUVER, April 5, 2012 – Building permit values in Abbotsford rose slightly in February 2012, with a rise in non-residential permits offsetting a drop in residential activity, according to Vancouver Regional Construction Association’s analysis of Statistics Canada Building Permit Report. Seasonally adjusted total building permit values in Abbotsford edged up four per cent in February to $18.6 million, up from $17.8 million in January 2012.

Media release

Regional data

Regional industrial permits reach highest level since November 2004

VANCOUVER, March 7, 2012 – Total building permit values dipped three per cent in January compared to December 2011, but were up significantly over January 2011, according to Vancouver Regional Construction Association’s analysis of today’s Statistics Canada Building Permit Report. Decreases in institutional-government and commercial permits were partially mitigated by increases in residential and industrial permit activity; the latter reached the highest level since November 2004.

Media release

Regional data