The value of construction investment saw a 3.1% month-over-month increase in the residential sector in June, and nationwide the value of investment rose over 8% compared to the year prior.The latest report from Statistics Canada shows that the value of investment in building construction for the second quarter of 2025 (April-June) reached $67.4 billion, virtually unchanged from Q1 values (January-March), but overall the year over year comparison for the second quarter shows growth of 8.5% over 2024.For the month of June alone, investment in building construction rose $454.4 million from the month prior to $22.7 billion. The residential sector rose 3.1%, while the non-residential sector remained relatively flat, edging down 0.5%. Year-over-year monthly comparison show growth of 8.0% in June.Investment in residential building construction rose $485.3 million (+3.1%) to $15.9 billion in June. The increase was driven by the multi-unit component (+4.2%), followed by the single-family component (+1.8%).The value of investment in non-residential building construction edged down $30.8 million to $6.7 billion in June. All three components in the non-residential sector—industrial (-1.9%), institutional (-0.1%) and commercial (-0.1%)—decreased. (ICE TORONTO)

Fonte notizia: https://www.hpacmag.com/