Building Permits are up
Posted Aug 6, 2010 12:06 pm.
This article is more than 5 years old.
There are positive signs for the Calgary real estate market.
The city reports the value of building permit applications for last month is up 8 per cent compared to July of last year.
Spokesman David Watson tells 660News that although we are below both the five and ten year numbers, we are above last years numbers in terms of both residential and non-residential permit applications.
The residential category is up four per cent overall, led by new apartments, tripling over the last month, and new town-homes, up over 400 per cent.
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