Residential Construction Investment 2nd Quarter 2015

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Residential construction (unadjusted for seasonality) in Nova Scotia for the second quarter 2015 was $542.9 million, 6.3 per cent higher than the 2nd quarter in 2014. New dwellings construction increased by 22.0 per cent  (+$27.3 million)  due to an increase in apartments (+$31.3 million, +107.6%) while singles were up 0.8 per cent (+$0.6 million).   Renovations, the largest share of construction investment , was up 2.3 per cent or $7.8 million compared to 2nd quarter of last year. Read more