Building Links’ Building Permits Quarterly Statistics in Around Town
Your Weekly Construction Briefing
The Comox Valley to Campbell River building permit totals for the first quarter of 2022 have increased by $44M when compared to the same quarter in 2021. This increase is primarily due to a $36M care home project in Comox.
When comparing only the residential (with multi-family) values the result is a 14% decrease from $93.7M in 2021 to $79.9M this year. The number of building permits have also declined by 22% from 282 in 2021 to 218 in 2022.
A continued shortage of available lots, subtrades, and supplies are expected to be some of the top reasons for the decline.
About our Building Permit Statistics:
- Some municipalities provide partial building permit data, such as only some types or only when values exceed a specified amount.
- Secondary Dwellings (SD) include carriage homes, mobiles and suites.
- Commercial includes institutional, tourism, congregate care and agricultural. When multi-family includes commercial, the permit value is recorded to match the municipality records (either listed as multi family or commercial).
- Residential Misc includes garages, accessory buildings, SF renovations and values for suites created from renovations.
- Other communities (Powell River, Port Alberni, etc) are not yet providing building permit values in all areas of construction or consistently enough to provide comparable statistics. However, available permits are published on a weekly basis.
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