The substantial gains in Quebec’s residential-building investment managed to offset the declines in other provinces, preventing the sector from reporting a decline in January, the latest figures from Statistics Canada show.<\/p>\n
Over the month, residential investments in Quebec rose by 5.5% to $2.3bn. The province led the gains recorded in single-unit and multi-unit dwellings.<\/p>\n
Investments in housing construction in British Columbia and Nova Scotia also increased, up by 0.1% to $1.9bn and by 0.6% to $224m, respectively.<\/p>\n
Also read:<\/strong> <\/p>\n The increases in the three provinces offset the declines reported in seven others.<\/p>\n In the non-residential segment, investments were up in the commercial, institutional, and industrial components. Quebec also registered strong growth in the non-residential segment, with investments hitting a growth rate of 5.1% to $1.1bn.<\/p>\n The commercial component contributed the largest in the non-residential construction growth. It reported a 1.8% gain to $3bn.<\/p>\n Marginal growth was recorded in the institutional and industrial sectors, up by 0.9% to $1.2bn and 0.8% to $928.3m, respectively.<\/p>\n","protected":false},"excerpt":{"rendered":" The substantial gains in Quebec’s residential-building investment managed to offset the declines in other provinces, preventing the sector from reporting a decline in January, the latest figures from Statistics Canada show. Over the month, residential investments in Quebec rose by 5.5% to $2.3bn. The province led the gains recorded in single-unit and multi-unit dwellings. Investments […]<\/p>\n","protected":false},"author":1,"featured_media":22585,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/posts\/8696"}],"collection":[{"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/comments?post=8696"}],"version-history":[{"count":1,"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/posts\/8696\/revisions"}],"predecessor-version":[{"id":22584,"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/posts\/8696\/revisions\/22584"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/media\/22585"}],"wp:attachment":[{"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/media?parent=8696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/categories?post=8696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/tags?post=8696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}