Homes Completed in Past Year 10 In 2020, nearly three quarters (72%) of builders surveyed reported finishing between 1 and 5 homes in the past year. Over half (54%) reported finishing between 1 and 2 homes, followed by 22% reporting no homes and 18% reporting between 3 and 5 homes. The proportion of builders reporting more than 5 homes completed in the past year was 6%. The distribution of homes finished in 2020 was similar to 2019. The average number of homes completed in the past year was 4.1 in 2020. This was a decline from 2019 (5.1) but more in line with 2018 (4.0). The
Figure 18: Percentage of Builders by Number of Homes Completed, 2020
3%
22%
18%
72% Finished 1 to 5 homes in past year
54%
None 1 to 2 3 to 5 6 to 10 11 to 20* 21 to 50* 51+*
Base: (n=1,291)
average number of homes finished in 2020 compared to 2019 decreased among builders of all types of homes, with the exception of single detached builders. On average single detached builders reported a modest increase. 11
Figure 19: Percentage of Builders by Number of Homes Completed, 2007-2020
3% 4% 3% 4% 4
3%
7%
17% 17% 17% 18%
16% 18% 19%
18% 17%
18%
9%
18%
21%
54% 55%
57%
58% 55% 54%
55% 56%
60% 57%
49%
41%
24%
22% 18%
21% 20% 20% 22%
21% 21%
17%
17%
16%
2007 (n=1,162)
2009 (n=1,125)
2011 (n=1,347)
2012 (n=1,463)
2013 (n=1,434)
2014 (n= 1,097)
2015 (n=1,288)
2016 (n=1,526)
2017 (n=1,008)
2018 (n=1,206)
2019 (n=1,230)
2020 (n=1,291)
None 1 to 2 3 to 5 6 to 10 11 to 20* 21 to 50* 51+*
*Response category grouping different prior to 2012.
10 Only homes that were finished in the past year. Does not include started but unfinished homes. 11 Caution: small base size.
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