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The number of Licensed Residential Builders (LRBs) was 7,813 in 2022, a slight decline from 2021. The number of LRBs in 2022 fell 3.7% to 7,813 from a record peak of 8,112 LRBs in 2021, marking the first recorded decline since 2010. Despite the decline however, the number of LRBs remain above pre-pandemic levels.
Find out how many builders are working with an Energy Advisor, the perceived climate change challenges for the residential construction industry and more. Licensed Residential Builder Survey Summary Report - 2023; Licensed Residential Builder Survey Summary Report - 2022; Current New Homeowners Survey Summary Report
Jan 13, 2022 · The B.C. government is making the largest investment in housing in B.C.'s history – $7 billion over 10 years – and working with partners to deliver 114,000 affordable homes over 10 years. Since 2017, the Province has funded more than 30,000 affordable new homes that have been completed or are underway for people in B.C. Learn More:
Residential stock - Canada (2022) $2,754 billion (2017 dollars) ... Capital expenditures: Non-residential construction - British Columbia (2024) $41,870.0 million-8.9%
Jan 12, 2022 · The British Columbia Real Estate Association (BCREA) reports that a record 124,854 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in 2021, a 32.8 per cent increase from the 94,001 units sold in 2020. The annual average MLS® residential price in BC was $927,877, an 18.7 per cent increase from $781,572 recorded ...
Approximately a third (34%) of builders reported. 20 years or more experience as a residential builder, while around half (47%) had 10 years or less experience and 20% had between 11 and 19 years. Since 2003, the proportion of builders with 3 to 10 years’ experience increased from 22% to 38% in 2020.
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Residential employment is expected to reach a forecast high of 21,100 workers in 2022 and then recede to 18,500 through to 2027, leaving industry employment approximately 2,160 workers (-10%) lower compared to 2021 levels. Figure 6 shows the employment trends by sector for residential construction.
