Investment in residential construction falls for first time in nine months: StatsCan - constructconnect.com - Daily Commercial News

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Investment in residential construction falls for first time in nine months: StatsCan - constructconnect.com - Daily Commercial News
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.StatCan_eng says investment in residential construction declined for the first time in nine months in June, as gains in the non-residential sector helped push overall construction investment up 0.3 per cent to $20.8 billion.

OTTAWA — Statistics Canada says investment in residential construction declined for the first time in nine months in June, as gains in the non-residential sector helped push overall construction investment up 0.3 per cent to $20.8 billion.

Within the residential segment, investment in single-family homes continued to show strength, rising 0.7 per cent to $8.6 billion, having outpaced multi-unit construction since the COVID-19 pandemic downturn.

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