 Source – Integrated Planning Division, Region of Peel

Source – Integrated Planning Division, Region of Peel

Source – Integrated Planning Division, Region of Peel
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- In 2011, building intentions in Peel, as measured by the total value of building permits issued, continued to rebound from relatively low levels reached in 2009.
- For the full year 2011, the total value of building permits issued in Peel was $2.644 billion, up 28.5 per cent relative to the $2.057 billion attained in 2010.
- Positive changes continued to characterize both residential and non-residential building permits:
- The total value of residential permits issued increased by 38.4 per cent from $1.346 billion in 2010 to $1.862 billion in 2011; and
- The total value of non-residential permits issued increased by 9.9 per cent from $710.857 million to $781.187 respectively over the same period.
- Growth in the non-residential sector was driven by a strong 174.1 per cent increase in the value of industrial permits to reach $202.590 million or the highest level in three years.
- The increase in the value of building permits in Peel in 2011 was the result of growth in all three Peel municipalities.
- The City of Mississauga led growth with an increase of 76.4 per cent to reach $775.420 million.
- This was underpinned by a more than doubling of the value or residential permits issued from $181.086 million in 2010 to $370.091 million in 2011.
- In the town of Caledon, a 72.5 per cent jump in total value of building permits (to $265.259 million) was recorded, buoyed by an 82.7 per cent increase in the value of residential permits and a 51.5 per cent increase in the total value of non-residential permits.
- The City of Brampton registered the lowest increase in the value building permits issued in 2011 at 9.5 per cent.
- However, at $1.603 billion, it was the highest level of building permit value recorded among Peel’s municipalities.
- The increase observed in Brampton was driven by a 22.8 per cent growth in the residential sector (to $1.303 billion) which outweighed the 25.5 per cent decline in the value of non-residential permits (to $299.893 million).
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