Canadian investment in new housing construction increased 5.4 percent to C$3.7 billion (US$2.9 billion) in February compared with the same month in 2015, according to Statistics Canada.

Nationally, the gain was the result of higher investment in apartment and apartment-condominium building construction, which increased 24.8 percent to C$1.4 billion (US$1.1 billion), and, to a lesser extent, row house construction, which rose 8.2 percent to C$373 million (US$293.6 million). In contrast, investment in single-family dwellings was C$1.8 billion…