{
  "geography": "City of Victoria",
  "scope": "city",
  "period": "Q2 2026 (April to June)",
  "period_start": "2026-04-01",
  "period_end": "2026-06-28",
  "refresh_frequency": "Quarterly (City economic dashboard)",
  "id": "construction-value",
  "parent": "new-homes-approved",
  "category": "Housing",
  "title": "Value of construction in building permit applications",
  "levels": [
    "Private and public builders",
    "Municipal (permits)"
  ],
  "plain_question": "What was the declared construction value of building permit applications in the quarter?",
  "value": 247550000.0,
  "display_value": "$248M",
  "unit": "in Q2 2026",
  "comparison": {
    "previous_period": "Q2 2025",
    "previous_value": 44390000.0,
    "change_percent": 457.7
  },
  "since_text": "Was $44.39M in Q2 2025",
  "trend": "context",
  "direction_good": "up",
  "trend_basis": "$247.55 million in Q2 2026 compared with $44.39 million in Q2 2025, as reported in the City's economic dashboard.",
  "right_direction": "Shown for context, without a “better” or “worse” label: one or two large applications can swing a quarter.",
  "caveats": [
    "Declared value on permit applications, residential and commercial. Applications are not approvals and not construction started.",
    "A few large projects can dominate a quarter, so quarter-to-quarter changes are not a trend."
  ],
  "series": [
    {
      "period": "Q2 2025",
      "value": 44390000.0
    },
    {
      "period": "Q2 2026",
      "value": 247550000.0
    }
  ],
  "source": {
    "name": "City of Victoria, Victoria's Economic Dashboard, Q2 2026",
    "url": "https://www.victoria.ca/building-business/economic-development",
    "dataset_url": "https://www.victoria.ca/media/file/ec-dev-data-report-q2-2026",
    "download_url": "https://www.victoria.ca/media/file/ec-dev-data-report-q2-2026"
  },
  "licence": {
    "name": "Public data, not under an open licence. Used with attribution.",
    "url": "https://www.victoria.ca/legal-disclaimer",
    "open": false
  },
  "verified_text": [
    "2025 ($44.39M) 60 2026 ($247.55M)"
  ],
  "data_published": null,
  "retrieved_at": "2026-11-11T08:37:37Z",
  "attribution": "Source: City of Victoria, Victoria's Economic Dashboard, Q2 2026. Public document, used with attribution; not endorsed by the publisher.",
  "licence_type": "public"
}