The number of building permits the City of Red Deer issued last month was down sharply from a year ago, although the total value of construction so far this year is up over last year.
There were 48 building permits of all kinds worth $2.4 million issued last month, compared with 132 worth $15 million in May 2019.
To the end of May, 276 permits worth $89.8 million have been issued, compared with 425 worth $67.8 million through the first five months of 2019.
Residential permits remain slow, with 39 issued worth $881,515 last month, compared with 73 worth $2.5 million in May 2019.
For the year, 164 residential permits worth $7.3 million have been issued, compared with 220 and $10.1 million in the first five months of 2019.
There were eight commercial permits worth $1.4 million issued, compared with 51 worth $12.2 million a year ago. For the year, 82 commercial permits worth $35.4 million have been issued, compared with 166 worth $52 million in 2019.
No industrial permits were issued last month, compared with seven worth $100,500 in May 2019. Year over year, the value of industrial construction is much higher than last year — 15 permits worth $20.9 million, compared with 26 and $3.3 million in 2019.
Public service construction is also ahead of last year’s pace, with 15 permits worth $26.1 million issued through May, compared with 13 permits worth $2.3 million last year.