Penticton Building Permit Stats: September 2015

A total of 58 permits were issued this month in comparison to 57 permits issued
in August and 54 permits issued in September of 2014.
The residential sector saw construction value jump to $4.5 million this month almost
doubling construction value in August ($2.6 million) and September 2014 ($2 million).
Single family construction saw an increase of $1 million from August and September of
2014, as well as duplex/ units doubling at $1.2 million and adds/ renovations up 13
percent from August and doubling since September 2014.
Year to date numbers are up seven percent from last year with $47.5 million in permits
so far this year compared to $44.4 million last September.
There is substantial activity in the residential sector this month with renovations and
single family units seeing significant increases. More evidence that home-owners are
continuing to raise values on their homes.

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