Chart 3
Value of building permits for the residential and non-residential sectors

billions of dollars 1 2 3 4 5 6 7 8 9 Feb. 2018 2019 2020 2021 2022 Feb. 2023 Residential, seasonally adjustedResidential, seasonally adjusted Residential, trend cycleResidential, trend cycle Non-residential, seasonally adjustedNon-residential, seasonally adjusted Non-residential, trend cycleNon-residential, trend cycle
Note(s):
The higher variability associated with the trend-cycle estimates is indicated with a dotted line on the chart for the current reference month and the previous three months. For more information, see the Note to readers.
Source(s):

Chart description


This is a line chart.

Value of building permits for the residential and non-residential sectors, billions of dollars
  Residential, seasonally adjusted Residential, trend cycle Non-residential, seasonally adjusted Non-residential, trend cycle
February 2018 5.338 5.296 3.014 2.964
March 2018 5.491 5.357 2.929 2.925
April 2018 5.306 5.360 2.795 2.926
May 2018 5.451 5.344 2.904 2.954
June 2018 5.399 5.274 3.035 2.984
July 2018 5.298 5.192 2.978 3.041
August 2018 4.697 5.127 3.215 3.104
September 2018 5.006 5.102 3.159 3.133
October 2018 5.248 5.075 3.032 3.155
November 2018 5.183 5.099 3.279 3.176
December 2018 5.228 5.135 3.455 3.209
January 2019 5.118 5.112 2.913 3.236
February 2019 4.898 5.112 2.971 3.293
March 2019 4.870 5.137 3.580 3.387
April 2019 5.657 5.199 3.743 3.448
May 2019 5.223 5.257 3.561 3.462
June 2019 4.995 5.302 3.262 3.441
July 2019 5.284 5.310 3.475 3.435
August 2019 5.885 5.315 3.408 3.427
September 2019 5.212 5.283 3.186 3.412
October 2019 5.134 5.240 3.500 3.440
November 2019 4.711 5.165 3.372 3.420
December 2019 5.124 5.113 3.779 3.337
January 2020 5.554 5.040 3.342 3.174
February 2020 5.505 4.929 2.862 2.984
March 2020 4.378 4.856 2.780 2.775
April 2020 3.888 4.873 2.051 2.646
May 2020 5.276 5.029 2.684 2.617
June 2020 5.483 5.269 2.760 2.635
July 2020 5.423 5.539 2.843 2.742
August 2020 6.008 5.851 2.456 2.804
September 2020 6.264 6.140 3.480 2.908
October 2020 6.371 6.370 2.606 2.946
November 2020 6.561 6.603 3.177 2.974
December 2020 6.460 6.829 2.816 3.003
January 2021 7.354 7.069 2.978 3.063
February 2021 6.946 7.257 3.356 3.104
March 2021 8.058 7.363 2.893 3.132
April 2021 7.668 7.342 3.402 3.200
May 2021 6.754 7.236 3.210 3.218
June 2021 7.232 7.114 3.260 3.270
July 2021 7.104 7.057 3.085 3.309
August 2021 6.509 7.034 3.516 3.343
September 2021 7.038 7.063 3.441 3.439
October 2021 7.130 7.208 3.538 3.547
November 2021 7.991 7.351 3.563 3.655
December 2021 7.612 7.417 3.732 3.820
January 2022 6.736 7.538 3.563 3.954
February 2022 7.655 7.652 5.004 4.046
March 2022 8.076 7.790 3.836 4.077
April 2022 7.881 7.936 4.005 4.052
May 2022 7.954 7.939 4.076 3.935
June 2022 8.350 7.934 3.685 3.849
July 2022 7.455 7.804 3.611 3.743
August 2022 8.336 7.526 4.064 3.650
September 2022 6.968 7.182 3.243 3.657
October 2022 6.214 6.905 3.443 3.677
November 2022 7.025 6.673 4.006 3.726
December 2022 6.492 6.520 3.764 3.808
January 2023 6.081 6.430 3.797 3.865
February 2023 6.559 6.348 4.170 3.926
Note(s):
The higher variability associated with the trend-cycle estimates is indicated with a dotted line on the chart for the current reference month and the previous three months. For more information, see the Note to readers.
Source(s):
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