Quebec Total residential and non-residential investment in building construction
Quebec Total residential and non-residential investment in building construction
Over a ten-year period between December 2011, and April, 2021 Quebec went from $2,264,147,310.00 in Total residential and non-residential construction expenditures to $3,893,359,399.00 in Total residential and non-residential spending.
Quebec constructions spending peaks in the summer to early fall and the pre-covid peak spending on August 2019 for Total residential and non-residential was $3,640,383,282.00. As of July 2, 2021 and according to the graph below, the construction industry in Quebec seems to have recovered.
Comparing peak periods of August Total residential and non-residential spending for
2011 we have: $2,880,995,164.00
2016 it is: $2,751,009,960.00
2019 was: $3,640,383,282.00
And 2020 at: $4,018,235,422.00
In the past 10 years of seasonal peaks (August), Quebec has an average annual growth rate of 3.073% in Total residential and non-residential expenditures.
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