This report examines the short-and medium-term economic and profitability outlook for Canada’s Residential Construction Industry.
Canada’s Residential Construction Industry: Industrial Outlook Summer 2010
Canada’s Residential Construction Industry: Industrial Outlook Summer 2010
Industry Economic Analysis
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- Demographics—Population growth in the key moving-out and first-time homebuyer cohorts will remain above average over the forecast period.
- Declining Affordability—Price appreciation for many of the services associated with homeownership continues to outstrip inflation and income growth.
- Job Creation—Canada continues to generate jobs at a strong pace, supporting the willingness and ability of consumers to buy new homes and to spend on renovations.
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