Victoria region bucks trend, building permits soar

Times Colonist- Victoria’s construction industry countered the national trend in May as building permits jumped by 40 per cent, buoyed by an increase in residential and institutional construction.

While Canadian building permits fell significantly in May, due mainly to a drop in construction of single-family homes and commercial buildings, Greater Victoria reported a total of 462 permits in May valued at $67 million, up from $48 million in May 2009.

Year-to-date, however, Victoria remains behind last year’s pace with permits totaling $287.5 million through the first five months of the year, compared with $385 million over the same period last year…

Victoria region bucks trend, building permits soar

Building permits soar in October

Financial Post-The value of building permits jumped far above expectations in October, led by both single-family and non-residential units, amid growing signs in Canada of an economic recovery…

Building permits soar in October

Island housing starts soar 46 per cent

 Times Colonist, Victoria, BC – Of the capital region’s total June starts of 79, Edge noted 50 were single-family homes and 25 were townhomes. “That’s excellent,” he said, adding the numbers are similar to figures seen when the market was stronger a couple of years ago…

Island housing starts soar 46 per cent

Personal bankruptcies soar in May

 Times Colonist, Victoria, BC – There were 9,900 personal bankruptcies filed during the month, up 34.4% from 7,364 in May 2008, the federal Office of the Superintendent of Bankruptcy reported Tuesday…

Personal bankruptcies soar in May

Next Page »