Building boom goes on in December - 2004-02-05
The value of building permits handed out in Canada surged 12.8 per cent in December, setting the stage for a new full-year record and resulting in the highest total annual value on record as the country's building boom continued unabated.
The housing sector was boosted in 2003 by the positive impact of low mortgage rates on affordability, by the high level of employment and by strong consumer confidence,” Statscan said.
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