Investment in Building Construction, June 2026
September 2, 2026
The total value of investment in building construction decreased $109.7 million (-0.5%) to $23.2 billion in June. This slight decrease occurred while the total value of building permits grew 18.5% in the month, reflecting the lag in converting permit issuance into on-site construction investment.
In June, declines in investment in building construction were recorded in both the residential (-0.6%) and non-residential (-0.1%) sectors. Year over year, investment in building construction grew 5.7% in June.
On a constant dollar basis (2023=100), the total value of investment in building construction declined 0.8% from the previous month to $21.0 billion in June, but it was up 2.4% year over year.
Chart 1
Investment in building construction, seasonally adjusted
Multi-unit component weighs on residential investment
In June, investment in residential building construction decreased $104.9 million to $16.1 billion. The multi-unit component (-1.9%) led the decline, while the single-family component (+0.9%) moderated it.
Investment in multi-unit construction was down $171.2 million to $8.6 billion in June. British Columbia (-$119.9 million) drove the decline, followed by Manitoba (-$51.3 million). In total, six provinces and two territories contributed to the decrease.
Meanwhile, investment in single-family home construction increased $66.2 million to $7.5 billion in June, driven by British Columbia (+$96.5 million). The growth was moderated by declines in seven provinces and two territories, led by Ontario (-$43.9 million).
Infographic 1
Investment in residential building construction, June 2026
Chart 2
Investment in residential building construction, seasonally adjusted
Non-residential building investment edges down
In June, the value of non-residential investment in building construction edged down $4.7 million (-0.1%) to $7.1 billion. The decline was driven by the commercial component (-0.7%), while the institutional (+0.6%) and industrial (+0.4%) components recorded increases.
Investment in commercial construction was down $23.7 million to $3.5 billion in June. Alberta (-$9.7 million) and Ontario (-$5.8 million) were the primary contributors to the decrease, supported by broad declines across six additional provinces and the three territories.
Investment in the institutional component increased $13.2 million to $2.2 billion in June. Growth in Ontario (+$22.5 million) and British Columbia (+$5.1 million) was tempered by declines in Quebec (-$8.3 million) and Alberta (-$5.8 million).
Meanwhile, investment in the industrial component (+$5.7 million to $1.5 billion) also grew in June, led by British Columbia (+$14.0 million). However, the increase was partially offset by declines in five provinces and one territory, driven by Quebec (-$6.0 million).
Infographic 2
Investment in non-residential building construction, June 2026
Residential construction sector drives growth in the second quarter
The value of investment in building construction increased 2.1% (+$1.5 billion) to $70.0 billion in the second quarter. On a constant dollar basis (2023=100), the total value of investment in building construction rose 1.1% to $63.3 billion.
The remainder of this release will use constant dollars (2023=100).
Investment in residential building construction increased $741.4 million to $44.0 billion in the second quarter. Both the single-family (+$576.0 million; +2.9%) and multi-unit (+$165.4 million; +0.7%) components contributed to the increase.
Meanwhile, investment in non-residential building construction edged down $34.6 million to $19.3 billion in the second quarter. Declines in the commercial (-$166.6 million; -1.7%) and institutional (-$49.1 million; -0.8%) components were almost offset by an increase in the industrial component (+$181.1 million; +4.9%).
