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Canadian building permits fell slightly in July, with non-residential projects down but homes up.
Canadian building permits fell 0.1% in July to $11.9 billion, driven by a 5.8% drop in non-residential projects.
However, the residential sector saw a 3.8% increase, with single-family home permits up 5.9% and multi-unit construction intentions rising 2.7%.
Despite the monthly decline, the value of permits dropped 8.2% compared to the same period last year.
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Los permisos de construcción canadienses cayeron ligeramente en julio, con proyectos no residenciales en descenso pero viviendas en aumento.