the rennie landscape - Spring 2021

economy

A surge in residential construction investment has not materialized through the pandemic. Perhaps this is a good thing.

DOWN WITH THE HAMMERS & SAWS: RESIDENTIAL CONSTRUCTION HITS PAUSE

$1,200

$1,130.4

$1,077.4

$1,000

$990.0

$971.0 $975.1

$836.5

$830.7

$800

$760.6

$727.2

$638.1 $659.7

$600

$594.5

$400

$200

$0

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

AVERAGE MONTHLY RESIDENTIAL CONSTRUCTION INVESTMENT

 AVERAGE

SOURCE: STATISTICS CANADA DATA: INVESTMENT IN RESIDENTIAL CONSTRUCTION, BRITISH COLUMBIA, SEASONALLY-ADJUSTED

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