2020 BC Residential Building Statistics & Trends Report

Table of Contents

Introduction............................................................................................................................. 1 New Home Registrations........................................................................................................ 4 OVERVIEW.......................................................................................................................................... 4 REGISTERED AND ENROLLED NEW HOMES ................................................................................... 5 REGION .............................................................................................................................................. 8 MULTI-UNIT BUILDING SIZE .......................................................................................................... 10 Licensed Residential Builders.............................................................................................. 13 OVERVIEW........................................................................................................................................ 13 LICENSING....................................................................................................................................... 14 LICENSED RESIDENTIAL BUILDER SURVEY.................................................................................. 16 Survey Methodology.................................................................................................................. 16 Survey Results............................................................................................................................ 17 Current New Homeowners and Prospective New Home Buyers ..................................... 30 CURRENT NEW HOMEOWNERS SURVEY ...................................................................................... 30 Survey Methodology.................................................................................................................. 30 Survey Results............................................................................................................................ 31 PROSPECTIVE NEW HOME BUYERS SURVEY................................................................................ 38 Survey Methodology.................................................................................................................. 38 Survey Results............................................................................................................................ 39 Appendix 1: Methodology .................................................................................................... 49 NEW HOME REGISTRATION ........................................................................................................... 49 LICENSED RESIDENTIAL BUILDER SURVEY.................................................................................. 50 CURRENT NEW HOMEOWNERS SURVEY ...................................................................................... 51 PROSPECTIVE NEW HOME BUYERS SURVEY................................................................................ 52 Appendix 2: Glossary ............................................................................................................ 53 Appendix 3: Registered New Homes by Building Type for Select Cities, 2002-2020...... 54

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