British Columbia Total residential and non-residential investment in building construction

British Columbia Total residential and non-residential investment in building construction

Over a ten-year period between December 2011, and April, 2021 British Columbia went from $1,352,285,667.00 in Total residential and non-residential construction expenditures to $2,709,743,516.00 in Total residential and non-residential spending.

British Columbia constructions spending peaks in the summer to early fall and the pre-covid peak spending on August 2019 for Total residential and non-residential was $2,734,307,634.00. As of July 2, 2021 and according to the graph below, the construction industry in British Columbia seems to have recovered.

Comparing peak periods of August Total residential and non-residential spending for

2011 we have: $1,610,941,617.00

2016 it is: $2,228,555,269.00

2019 was: $2,734,307,634.00

And 2020 at: $2,806,986,134.00

In the past 10 years of seasonal peaks (August), British Columbia has an average annual growth rate of 5.298% in Total residential and non-residential expenditures.

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