Comment 85235

By Fred Street (anonymous) | Posted January 16, 2013 at 13:18:51

"Of special note in the 2012 results is $308 million in institutional development in October 2012, which single-handedly comprised 20 percent of the total for the year."

Homebuilding is the new steel, but health care kicks in a decent amount too.

2012's anomalous surge (largely down to St. Joseph's Healthcare's Mountain Campus Centre, I imagine) disguises the fact that it was an above-average year, proportionately speaking, for residential. If you swap out that number for the previous record for institutional and residential pops up to a 53.5% share of activity.


2001-2011

Residential: $4,181,477,300
Commercial: $1,246,614,166
Institutional: $1,569,119,704
Industrial: $911,655,794
Miscellaneous: $86,594,152
Total: $7,995,461,116


2001-2012

Residential: $4,841,368,456
Commercial: $1,448,508,812
Institutional: $1,975,762,340
Industrial: $1,120,461,859
Miscellaneous: $109,996,033
Total: $9,496,097,500

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