More building permits, higher values this year
By Jennifer Stahn
The number of residential building permits issued in October were less than in 2013, the first year-over-year decline the city has had since April.
(JENNIFER STAHN /InfoTel Multimedia)
November 10, 2014 - 4:30 PM
KAMLOOPS - With only two months left in the year we are seeing a decline in building permits issued, though the permit numbers are up overall.
October again saw a drop in permits issued — only 24 for single family units and 15 for multi-family units, compared to 31 single family and 88 multi-family units in 2013. This is the first month since April where the city had a drop in residential permits issued compared to the year before.
So far this year, there have been 25 more building permits issued in 2014 and those permits are valued at more than $30 million more than those issued in 2013. In total 1,373 building permits valued at $171.7 million have been issued this year, compared to 1,348 permits valued at just under $140 million last year.
This year just over 400 permits have been for residential units while another 107 have been for commercial, institutional or industrial building. Last year just over 450 were for residential units and another 130 for commercial buildings. The remainder have been for smaller projects such as demolition, accessory buildings, retaining walls or plumbing.
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News from © InfoTel News Ltd, 2014