Story perspectives

Global Construction Boom: Canada, Ireland, and China Thrive

1/14/2025

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Summary

Story summary

Canada’s construction sector is thriving, with Ontario's building permits hitting $5.9 billion by Q3 2024, fueled by multi-unit residential projects.
Alberta anticipates a 1.8% GDP growth in 2024, driven by robust housing construction and infrastructure investments.
Ireland experienced a rise in construction activity in December, primarily due to housing growth, despite input cost inflation reaching a six-month peak.
China's real estate market is stabilizing, marked by increased transactions and rising housing prices in major cities after lifting purchase restrictions.

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Story summary

Canada’s construction sector is thriving, with Ontario's building permits hitting $5.9 billion by Q3 2024, fueled by multi-unit residential projects.
Alberta anticipates a 1.8% GDP growth in 2024, driven by robust housing construction and infrastructure investments.
Ireland experienced a rise in construction activity in December, primarily due to housing growth, despite input cost inflation reaching a six-month peak.
China's real estate market is stabilizing, marked by increased transactions and rising housing prices in major cities after lifting purchase restrictions.