Prospective Home Buyers - Level of Concern Regarding Building Construction In 2020, 81% of prospective new home buyers indicated they were very or somewhat concerned there might be problems with the building construction after moving into their new home. The proportion indicating concern about building construction has been increasing since 2012 (71%).
Figure 49: Level of Concern Regarding Building Construction, 2002-2020
4%
5% 3% 4%
10% 4% 6% 3%
9%
17%
20% 20%
15% 19% 26% 23% 29% 24% 21%
31%
49%
32%
51% 48%
41% 42% 38% 46% 52%
45% 40%
29%
29%
27%
27% 32%
25%
25%
22%
2002 (n=363)
2004 (n=300)
2006 (n=614)
2008 (n=621)
2010 (n=536)
2012 (n=553)
2014 (n=525)
2016 (n=500)
2018 (n=502)
2020 (n=500)
Very concerned
Somewhat concerned
Not very concerned
Not at all concerned
Do not know/not sure
Approximately one-third (35%) of Metro Vancouver prospective new home buyers were very concerned that there might be problems with building construction, compared with over a quarter (27%) in other regions. However, overall concern was consistent across B.C., with 82% very or somewhat concerned in Metro Vancouver compared to 79% very or somewhat concerned in other areas of B.C. Buyers planning to purchase either a multi-unit home or a single detached home in 2020 were equally likely to be concerned about problems with building construction (81%). First-time buyers (36%) were more likely to be very concerned than repeat buyers (27%) about problems with building construction in 2020. However, overall concern (very and somewhat) was similar between first time (83%) and repeat buyers (79%).
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