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Anna Barone Mortgage Broker

Anna Barone

Mortgage Broker


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4101 Green Rose Cres, Regina, Saskatchewan, S4V1M6

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Statistic Canada: Investment in building construction, December 2024

2/28/2025

Overall, investment in building construction rose 1.9% (+$408.1 million) to $21.8 billion in December, with gains recorded across all components. The residential sector grew 2.2% to $15.1 billion while the non-residential sector was up 1.3% to $6.7 billion. Year over year, investment in building construction grew 4.7% in December.

On a constant dollar basis (2017=100), investment in building construction increased 1.5% from the previous month to $13.0 billion in December and was up 1.6% year over year.

Multi-unit component drives residential sector gains in December

Investment in residential building construction was up 2.2% (+$323.9 million) to $15.1 billion in December.

Single family home investment edged up 0.8% (+$60.7 million) to $7.3 billion in December, marking its fifth consecutive monthly increase.

Investment in multi-unit construction rose 3.5% (+$263.2 million) to $7.7 billion in December, rebounding from two significant and consecutive monthly declines.

https://www150.statcan.gc.ca/n1/daily-quotidien/250213/dq250213a-eng.htm

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