The Canadian Industrial Outlook Service includes detailed five-year forecasts in 16 key Canadian industries. The report examines the short- and medium-term economic and profitability outlooks for these industries.
Canada’s Residential Construction Industry: Industrial Outlook Winter 2008
Canada’s Residential Construction Industry: Industrial Outlook Winter 2008
Industry Economic Analysis
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- Material Prices—Pushed up by high global demand for commodities and resources, material prices will grow faster than output prices, harming the industry’s profit margin.
- Young Adults Living at Home—Past tightness in rental markets combined with increased costs for higher education has amplified the phenomenon of young adults staying home longer, reducing demand for housing.
- Renovations—The strength of existing home sales coupled with double-digit resale price growth is supporting spending on home renovations.
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