September 1, 2017
Investment in new housing construction rose 7.2% from June 2016 to $4.7 billion in June. The increase was mostly attributable to higher investment in single family dwellings (+$257.9 million).
All but one province saw an increase in new housing investment in June 2017. The largest increase was in Quebec (+$82.6 million), followed by Alberta (+$72.5 million) and British Columbia (+$57.4 million). Newfoundland and Labrador posted a decrease of $7.4 million (-26.2%) compared to June 2016.