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October 27, 2017 6:16 pm

Building Permits Off for February

Tuesday, March 28, 2017 @ 5:58 AM

Prince George, B.C.-  There is a lot of ground to be made up  if the City of  Prince George wants to  come close to  the building permit values of  last year.

February 2017  and  year to date  stats are well below the permit values for the same period in both  2016 and 2015.

Year February Permit Values YTD Permit Values
2017 $1,515,700 $3,299,700
2016 $3,672,905 $5,689,592
2015 $3,398,282 $13,183,996

The most notable change is the  drop  in  single family dwelling starts.

For the first two months of this year,  there have been just 5  single family dwelling permits, with a value of $1,449,810.   That compares to 14 such  permits in the same two months last year,  with a value of $3,702,870   and 24 single  family dwelling permits valued at  $6,091,545 in  the first two months of  2015.

Comments

Last two months saw a colder winter then the last two years so hopefully there will be a catch up in coming months. PG economy is still doing well overall.

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