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Sault Ste. Marie construction permits decline

Construction values in building permits issued in Sault Ste. Marie plummeted during the first six months of this year compared to 2008. The City of Sault Ste. Marie recorded $26.6 million in accumulated construction values compared to the $65.
home construction
Home construction sank during the first half of 2009 in Sault Ste. Marie.

 
Construction values in building permits issued in Sault Ste. Marie plummeted during the first six months of this year compared to 2008.

The City of Sault Ste. Marie recorded $26.6 million in accumulated construction values compared to the $65.8 million during the first six months last year.

In June alone, building permit values were $8 million compared to $17.9 million in June 2008.

Residential construction is down from $21.7 million last year to $10.7 million this year.

Commercial, industrial and institutional construction dropped down to $15 million from last year's $44 million.

Nine new home permits with a value of $2 million were issued in June compared to 16 permits worth $3.7 million last year. Home renovations are up to $1.56 million from $1.4 million recorded during the same period last year.

No permits were issued for new commercial, industrial or institutional construction in June.