Residential construction investment falls for fourth straight month in June: Statistics Canada

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Investment in Canadian residential construction declined again in June, dropping 4.5% from May to settle at $12.1 billion. Read more.

Photo by Richard Buchan/THE CANADIAN PRESS filesdeclined in June, dropping by 4.5 per cent from May to settle at $12.1 billion. According to data released Aug. 18 by Statistic Canada, it’s not just homes feeling the pinch either. Non-residential construction, encompassing everything from office spaces to factories, also saw a slight decrease of 0.2 per cent, dropping to $5.9 billion month over month.

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Residential construction investment falls for fourth straight month in June: Statistics CanadaInvestment in Canadian residential construction declined again in June, dropping 4.5% from May to settle at $12.1 billion. Read more.
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