According to Statistics Canada, the total value of investment in residential construction increased 3.9 percent to $30.8 billion in the second quarter compared with the same quarter in 2015. This marked the 10th consecutive year-over-year advance.
Higher investment in every component contributed to the national growth, except semi-detached dwellings, which recorded their fifth consecutive year-over-year quarterly decline.
Spending on apartment and apartment-condominium building construction (up 17.0 percent to $4.5 billion) and single-family dwelling construction (up 4.7 percent to $6.6 billion) accounted for much of the gain at the national level.