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October 27, 2017 5:08 pm

Building Stats Down From Last Year

Tuesday, June 13, 2017 @ 5:46 AM

Prince George, B.C. –  There were eleven new single family housing starts in Prince George in May,   with a total building permit value of  just under $5.3 million dollars.

In all, last month saw 44 building permits( of all types) issued with a total value of just under $7.7 million.  That’s below the number of projects started in May of last year (55) and  a little  over a third of the  permit value for  May of 2016  which was  just  over $21 million.

Two commercial developments in May of last year can be credited with the difference.  In May  of 2016, there were two  new  commercial projects valued at $14.2 million.  Last month there were two new commercial projects, but their total value was $418 thousand.

The year to date stats show there have been 166 projects  started January to end of May this year with a total value of  $34.34 million, compared to  163 starts valued at $62.8 million during the same  five months of 2016.


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