Residential Construction Forecast
The Conference Board of Canada’s Economic Trends Division is recognized worldwide for its expertise in economic forecasting, modelling and analysis. We have produced accurate economic forecasts for more than 25 years.
Key Indicators for Residential Construction
Real GDP: Real gross domestic product (GDP) is a standard measure of industry output and is equal to the total value that an industry creates. As such, it is a measure of the industry’s contribution to economic growth. It is stated in millions of 2002 dollars and is reported by Statistics Canada.
Employment: Employment is the total number of full-time and part-time employees in a given industry. As part of its Labour Force Survey, Statistics Canada reports employment data monthly, in thousands.
Price Index: This indicator is a composite measure of the output prices for all of an industry’s products. The data for this series come from the Industrial Product Price Index produced by Statistics Canada. All price indexes are standardized in the form of an index where 2002 = 100.
Revenue: Revenues are the total receipts that an industry accumulates. They are a product of pricing and of production (which is equivalent to sales in 2002 dollars). The data are reported by Statistics Canada as part of its Quarterly Financial Statistics for Enterprises and are stated in millions of dollars.
Costs: Costs are the sum of labour, material, and capital costs for each industry, where capital costs include both interest expense and depreciation expense. The data are reported by Statistics Canada as part of its Quarterly Financial Statistics for Enterprises and are stated in millions of dollars.
Profit: Profits are equal to revenues less costs and are stated before taxes or extraordinary items. The data are reported by Statistics Canada as part of its Quarterly Financial Statistics for Enterprises and are stated in millions of dollars.
Profit Margin: The profit margin is the ratio of profits to revenues.
What Data Do We Forecast?
| Key Economic Indicators - Residential Construction |
| Gross Domestic Product, Total | Millions $ 2002 |
| Industry Price Index, Total | 2002 = 100 |
| Investment, Total | Millions $ |
| Employment, Total | '000s |
| Revenues, Total | Millions $ |
| Costs, Total | Millions $ |
| Profits Before Taxes, Total | Millions $ |
| Profit Margin, Total | % |
| |
| Gross Domestic Product and Employment - Residential Construction |
| Gross Domestic Product, Total | Millions $ 2002 |
| Employment, Total | '000s |
| Average Weekly Earnings, Total | $ |
| |
| Expenditures on Residential Construction |
| Total Residential Building, Total | Millions $ 2002 |
| Real Expenditures on Single Detached | Millions $ 2002 |
| Real Expenditures on Semi-Detached | Millions $ 2002 |
| Real Expenditures on Apartment and Row Houses | Millions $ 2002 |
| Real Expenditures on Other Residential Construction | Millions $ 2002 |
| Expenditures on Total | Millions $ |
| Expenditures on Single Detached | Millions $ |
| Expenditures on Semi-Detached | Millions $ |
| Expenditures on Apartment and Row Houses | Millions $ |
| Expenditures on Other Residential Construction | Millions $ |
| |
| Housing Starts and Completions - Residential Construction |
| Housing Starts, Total | '000s |
| Housing Starts, Single Detached | '000s |
| Housing Starts, Semi-Detached | '000s |
| Housing Starts, Apartment and Row Houses | '000s |
| Housing Completions, Total | '000s |
| Housing Completions, Single Detached | '000s |
| Housing Completions, Semi-Detached | '000s |
| Housing Completions, Apartment and Row Houses | '000s |
| |
| Investment and Capital Stock - Residential Construction |
| Real Capital Stock, Total | Millions $ 2002 |
| Real Capital Stock - Machinery & Equipment, Total | Millions $ 2002 |
| Real Capital Stock - Buildings, Total | Millions $ 2002 |
| Capital Stock, Total | Millions $ |
| Capital Stock - Machinery & Equipment, Total | Millions $ |
| Capital Stock - Buildings, Total | Millions $ |
| Investment, Total | Millions $ |
| Investment - Machinery & Equipment, Total | Millions $ |
| Investment - Buildings, Total | Millions $ |
| |
| Prices and Price Indices - Residential Construction |
| Industry Price Index, Total | 2002 = 100 |
| Material Price Deflator, Total | 2002 = 100 |
| Capital Stock Deflator, Total | 2002 = 100 |
| |
| Financials - Residential Construction |
| Revenues, Total | Millions $ |
| Costs, Total | Millions $ |
| Labour Costs, Total | Millions $ |
| Material Costs, Total | Millions $ |
| Capital Costs, Total | Millions $ |
| Interest Charges, Total | Millions $ |
| Profits Before Taxes, Total | Millions $ |
| Profit Margin, Total | % |
Forecasts and research often involve numerous assumptions and data sources, and are subject to inherent risks and uncertainties. This information is not intended as specific investment, accounting, legal, or tax advice.