According to Statistics Canada, investment in new housing construction rose 8.7 percent year over year to $4.4 billion in June. The increase at the national level was due to higher investment in all dwelling types, except semi-detached houses, which recorded a year-over-year decline for the 14th consecutive month.
Spending on apartment and apartment-condominium building construction totaled $1.5 billion in June, up 16.7 percent from the same month a year earlier. Investment in single-family dwellings rose 5.3 percent from June 2015 to $2.2 billion, while spending on row house construction increased 8.1 percent to $416 million.
Provincially, construction spending rose in seven provinces. Ontario posted the largest advance, followed by British Columbia and Quebec.