Toronto Loft Conversions

Toronto Loft Conversions

I know classic brick and beam lofts! From warehouses to factories to churches, Laurin will help you find your perfect new loft.

Modern Toronto Lofts

Modern Toronto Lofts

Not just converted lofts, I can help you find the latest cool and modern space. There are tons of new urban spaces across the city.

Unique Toronto Homes

Unique Toronto Homes

More than just lofts, I can also help you find that perfect house. From the latest architectural marvel to a piece of our Victorian past, the best and most creative spaces abound.

Condos in Toronto

Condos in Toronto

I started off selling mainly condos, helping first time buyers get a foothold in the Toronto real estate market. Now working with investors and helping empty nesters find that perfect luxury suite.

Toronto Real Estate

Toronto Real Estate

For all of your Toronto real estate needs, contact Laurin. I am dedicated to helping you find that perfect and unique new home to call your own.

 

Tag Archives: municipalities

Value of building permits up 21% in July

$8 billion worth of construction permits issued, Statistics Canada reports

CBC News

Strong demand for commercial developments in Ontario, Quebec and Alberta drove the value of building permits issued to contractors up by almost 21% in July from June, Statistics Canada reported.

Contractors took out permits worth $8 billion in July. Non-residential permits saw the biggest gains, rising in value by 45.5% to $3.9 billion. This sector includes commercial, industrial and institutional properties, with commercial buildings accounting for most of the monthly increase.

Municipalities issued $2.6 billion worth of commercial building permits in July, an increase of almost 90% over June, Statistics Canada said. Industrial permits went up in value by almost 12% to $505 million, while the total value of institutional permits issued decreased by 6.5% to $791 million.

The residential sector recovered from an almost 13% decline in value of permits in June to post an increase of 4.1% to $4.1 billion.

Ontario, Quebec and Alberta accounted for most of the increases in both residential and non-residential permits.

In the residential sector, the number of multi-family dwellings authorized to be built fell 3.0% in July to 11,193 units while the number of single-family dwellings increased 3.7% to 6,311 units.

The value of building permits rose 4.1% in July to $2.2 billion for single-family homes and 4.2% to $1.9 billion for multi-family dwellings. Recently a Genworth Canada report predicted the condo market would remain healthy, despite a slight drop in sales.

The total value of permits was down in half of Canada’s 34 census metropolitan areas, with Toronto, Calgary and Montreal seeing the biggest gains and Vancouver, Hamilton and London registering the largest decreases.

—————————————————————————————————–
Contact Laurin Jeffrey for more information – 416-388-1960

Laurin Jeffrey is a Toronto Realtor with Century 21 Regal Realty. He did not
write these articles, he just reproduces them here for people who are
interested in Toronto real estate. He does not work for any builders.

—————————————————————————————————–