YORKTON – The province recently released building permit numbers for November 2021 in Saskatchewan.
Building permits for the month were valued at $ 191 million, placing the province second in percentage change both month-to-month and year-to-year.
Building permits in Saskatchewan jumped 57.0% (seasonally adjusted) from November 2020 to November 2021 and increased 49.5% (seasonally adjusted) from October 2021 to November 2021. The national increase of one month over month was 6.8%.
“The strong growth in building permits in Saskatchewan in November reflects renewed confidence in our economic recovery,” Trade and Export Development Minister Jeremy Harrison said in the release. “Over the past year, we have seen significant investment in Saskatchewan and the increase in residential and non-residential building permits once again demonstrates that we are building a strong Saskatchewan.
Locally, Michael Eger, director of planning, construction and development at the City of Yorkton noted that month-to-month numbers in the city can vary widely.
For example, in November 2021, the authorized construction value was only $ 80,000, while in November 2020, it was $ 675,000.
Year-over-year numbers are more favorable for Yorkton, Eger noted.
The total number of building permits issued in 2021 was 105, compared to just 76 in 2020.
The total construction value of permits issued in 2021 was $ 27,128,754, compared to $ 19,023,760 in 2020.
Construction of new residences has been limited to Yorkton until 2020 and 2021.
The value of residential construction (including only two new dwellings) in 2021 was $ 946,714, compared to $ 1,228,835 in 2020, which also included only two new dwellings.