The value of Canadian building permits rose 4.7% in May from April, reversing the decline of the prior month, as strong intentions to build houses outweighed weakness in the non-residential sector, Statistics Canada said on Tuesday.

Statscan revised April's figures to show a 4.7% decline, slightly larger than the 4.6% drop initially reported.

The value of residential permits rose 7.7% in the month, the second-highest level on record. Five provinces posted an increase with Ontario and British Columbia reporting the largest gains.

The value of permits for multi-family dwellings climbed to a record high. The value of single-family building permits also rose, up 6.2%, notching the first increase following four straight monthly declines. Ontario led the gains.

Permits for non-residential structures fell 0.7% as commercial and institutional permits both declined, outweighing an increase in industrial permits.

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