Licensed Residential Builders
OVERVIEW The Homeowner Protection Act and regulations require that all new homes built in B.C. are built by Licensed Residential Builders (LRBs) and are covered by mandatory, third-party home warranty insurance. BC Housing licenses home builders and is responsible for administering the Act and regulations. As part of the enhanced licensing system, builders are required to meet or exceed minimum qualification standards in order to become a new LRB. In addition, current LRBs must participate in continuing professional development activities to keep their license in good standing. These requirements enhance professionalism in the residential construction sector and give home buyers confidence that their home has been built by a qualified builder to a good standard. › Nearly 70% of B.C. builders reported working in the Lower Mainland › B.C. builders reported completing 4.1 homes per year on average › Around a third of builders (34%) said the COVID-19 pandemic changed the way they design or plan to design their housing projects 2020 Highlights › The number of Licensed Residential Builders has grown steadily since 2010 and reached a new high of 7,993 in 2020
The data in this section is fromBC Housing’s Builder Licensing Registry as well as the Licensed Residential Builder Survey . Further information on licensing requirements is available on the BC Housing website.
“The increasingly competitive B.C . construction market is a hot bed of activity. The BC Residential Building Statistics & Trends Report is as an essential resource for industry experts from across the development and construction supply chain. Having this information allows them to understand market trends and forecasts before making their next strategic move to stay ahead of the pack.”
Fiona Famulak, President Vancouver Regional Construction Association
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