Kootenay builders were the most optimistic about their building activity with 68% expecting an increase in their market area and 63% expecting an increase in their company’s activity. Meanwhile, Central and Northern B.C. builders were the least optimistic on both fronts with 37% predicting an increase in their market area and 34% an increase in their company’s activity. Half of builders in Central and Northern B.C. expected building activity in both their market area and for their company to remain the same. In the remaining regions (Lower Mainland, Southern Island, and Okanagan) builders were more divided in their predictions, with roughly equal proportions predicting activity for both their market areas and their company increasing (42% to 49%) as remaining the same (44% to 45%). Lower Mainland builders were the exception, as 37% expected activity in their market area to increase and 48% thought it would remain the same. Builders with 2 years of less of experience were most likely to expect an increase in both their market area activity (47%) and their company’s own activity (62%) relative to more experienced builders. In contrast, builders with 20 or more years of experience were the least likely to expect an increase in their market area ( 37%) or their company’s own activity (40%). Builders of all home types were similarly divided on whether activity in their market area would increase or remain the same. Just over 40% of builders predicted activity in their market area would increase across all housing types, while the same proportion predicted it would remain the same. However, builders were more optimistic about their company’s activity over the next 12 months. Between 45% and 50% of builders of multi- unit homes predicted activity would increase for their company while 37% to 39% predicted it would remain the same. Builders of single detached homes were the exception with almost equal proportions predicting activity for their company would increase (45%) or remain the same (44%).
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