Dec 24 (Reuters) - The worth of Canadian constructing perm
Dec 24 (Reuters) – The worth of Canadian constructing permits rose by 12.9% in November from October, simply beating analyst estimates of a 3.0% acquire, Statistics Canada knowledge confirmed on Thursday.
The worth of residential permits hit a brand new file in November with each the single-family and multi-family parts rising, whereas the business and institutional parts led the acquire within the non-residential sector.
The worth of constructing permits had been up in seven provinces, with Ontario recording the most important enhance.
Month on month (%)
Nov Oct(rev) Oct(prev)
Whole
+12.9 -12.6
-14.6
Residential
+10.0
-4.6
-5.9
Nonresidential +19.5 -26.8
-29.5
NOTE: All figures are seasonally adjusted. Analysts, on common, had anticipated the worth of constructing permits in November to rise by 3.0%.
(Reporting by Dale Smith; enhancing by Julie Gordon) ([email protected], 343-961-4020)
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