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Residential Construction in Canada

Summary
Residential Construction in Canada industry profile provides top-line qualitative and quantitative summary information including: market size (value 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Findings
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the residential construction market in Canada
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the residential construction market in Canada
- Leading company profiles reveal details of key residential construction market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Canada residential construction market with five year forecasts

Synopsis
Essential resource for top-line data and analysis covering the Canada residential construction market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Reasons To Buys
- What was the size of the Canada residential construction market by value in 2016?
- What will be the size of the Canada residential construction market in 2021?
- What factors are affecting the strength of competition in the Canada residential construction market?
- How has the market performed over the last five years?
- How large is Canada’s residential construction market in relation to its regional counterparts?

Key Highlights
The residential construction market is defined as the value of work put in place annually for residential buildings. This includes apartments, houses, and similar buildings, but not hotels etc. Market value includes new build and also renovations and repair; it includes construction of buildings and also preparatory work and completion (demolition, site preparation, electrical and plumbing installation, etc). All currency conversions were carried out at constant average annual 2015 exchange rates.

The Canadian residential construction sector is expected to generate total revenues of $88.7bn in 2016, representing a compound annual growth rate (CAGR) of 1.9% between 2012 and 2016.

The Bank of Canada warned that house prices in Vancouver and Toronto are unsustainable.

Drivers of market growth in Canada include speculation, migration and urbanization.