Released January 10, 2017 – Municipalities issued $7.8 billion worth of building permits in November, down 0.1% from the previous month. The value of non-residential building permits rose 3.0% to $2.6 billion in November, the fourth increase in five months. In the residential sector, the value of building permits fell 1.6% to $5.1 billion in November, following three consecutive monthly increases.
Construction intentions for institutional buildings were up 25.2% to $686 million in November, following two consecutive monthly declines. The value of industrial permits rose 10.1% to $404 million in November, a second consecutive monthly increase. In the commercial component, the value of building permits was down 6.1% to $1.5 billion in November.