Breaking Records

October has been a record month for building permit applications in Calgary, a strong indication that despite the current economy, developers remain confident in the Calgary economy in the longer term. 

Total construction value for building permits in October 2016 was over $1.5 billion, the highest value in a single month on record in Calgary. We saw a 36 per cent increase in single family homes and a 47 per cent increase in new commercial buildings in October 2016 compared to the previous month. This beat last October’s record of $1.47 billion, which was when an updated Alberta Building Code was implemented

 

 

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Renovation Tips- Are you helping or hurting the project?

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October is breaking construction permitting records in the city of Calgary!