Lower Mainland-Southwest building permits fall back in June after strong May
Despite month-over-month drop, June permits post second best month since November 2010
VANCOUVER, August 7, 2012 – Total building permit values in the Lower Mainland-Southwest region were down 16 per cent in June 2012 from May 2012, according to Vancouver Regional Construction Association’s analysis of today’s Statistics Canada Building Permit Report. Despite the month-over-month decline, June building permits were still 21 per cent higher than June 2011 and posted their second best month since November 2010.
