Economic Impacts of the Housing Industry 2015
Building on the success of previous Fact Sheets, the CHBA posted updated 2015 estimates of the economic impacts of the residential construction industry at the national, provincial and community levels across the country.
The 2015 data reflect actual results for the past year. They include investment, direct and indirect employment, and wages paid. The scope of construction activities addressed includes new dwellings of all types, including both primary residences and cottages; renovation, conversion and repair of existing dwellings, and conversion of non-residential buildings to residential use; and other expenditures relating to new residential construction such as realty and legal fees.
For 2015, improvements have been made to how the economic impacts of home renovation and repair are calculated. In addition, CHBA has can now provide a ten-year history of production and investment trends from 2005 to 2015, for a given geographic area, upon request.
Learn how the residential construction industry impacts your community by finding your location below.