Explore Careers - Job Market Report
Residential home builders own, operate and manage companies engaged in the construction of new residential homes. Residential home renovators own, operate and manage companies engaged in the renovation of existing residential homes.
contractor, home renovation, contractor, residential homes, home builder, home renovator, renovation contractor, residential home builder.
- Plan, organize, direct, control and evaluate the activities of a residential home building or renovating company
- Prepare bids for home construction or renovation projects
- Consult with customers, architects and engineers regarding plans and specifications
- Select, employ and supervise trade subcontractors to do specialized work, such as plumbing, heating and electrical work
- Plan and prepare work schedules and co-ordinate the activities of subcontractors
- Inspect work performed by subcontractors to ensure quality and conformity with plans and specifications
- Prepare and maintain a directory of suppliers and trade subcontractors
- Develop and implement marketing and advertising strategies to promote company's products and services
- May perform carpentry or other trade work during home construction or renovation activities.
Outlook & Prospects for Residential Home Builders and Renovators in Southern Region
The future forecast and current conditions for an occupation can vary based on location or due to changes in the economy, technology, or demand for a product or service.
National Outlook ¿ 10-Year Projection (2011-2020)
This section provides labour demand and labour supply projections for this occupation over the 2011-2020 period.
Note: The tables, graphs and middle paragraph shown under this section display updated 2011-2020 projection results. The remaining narrative text (2009-2018 projections) will be updated shortly. We apologize for the inconvenience.
The data in the following table are derived from HRSDC¿s Canadian Occupational Projection System (COPS). COPS uses a variety of models to produce a detailed 10-year labour market projection per broad skill level and per occupation at the national level, which focuses on the trends of labour supply and labour demand over the next ten years.
This occupation (Residential Home Builders and Renovators) is part of a larger occupational group called Managers in Construction and Transportation (NOC 071).
|Occupations in this group||
Construction Managers (0711)
Residential Home Builders and Renovators (0712)
Transportation Managers (0713)
|Employment (non-student) in 2010||200,470|
|Median Age of workers in 2010||45|
|Average Retirement Age in 2010||60|
Occupation Projection for Canada
Over the 2008-2010 period, this occupation experienced strong employment growth. Nevertheless, the unemployment rate increased slightly although it remained very low in 2010 (2.9%). The average hourly wage increased much more quickly than the average for all occupations. According to key labour market indicators, the number of job seekers was insufficient to fill the job openings in this occupation.
Over the 2011-2020 period, an occupation will be in excess demand (a shortage of workers) if the projected number of job openings is significantly greater than the projected number of job seekers. An occupation will be in excess supply (a surplus of workers) if the projected number of job openings is smaller than the projected number of job seekers. For Managers In Construction And Transportation, over the 2011-2020 period, job openings (arising from expansion demand and replacement demand) are expected to total 96,934 and 102,568 job seekers (arising from school leavers, immigration and mobility) are expected to be available to fill the job openings.
Based on projections and considering that labour demand exceeded supply in this occupation, the number of job seekers will continue to be insufficient to fill job openings over the 2011-2020 period. The majority of job openings will arise from retirements. The retirement rate for this occupation will be slightly above the average for all occupations, as workers are generally older than those in other occupations. The number of job openings resulting from economic growth will be much lower over the projection period than over the 2001-2010 period. Construction has been a major driving force in the creation of jobs nationally since the start of the decade. Growth was stimulated by the building of new housing units and numerous home renovation projects, as well as the substantial increase in non-residential construction spending, particularly in the energy sector. Over the projection period, new positions in this occupation will be fewer in number, mainly as a result of the aging population, which will result in decreased demand for new housing units. However, non-residential construction will continue to support this industry, with major investments in the energy sector in Quebec (hydro-electric dams), in Ontario (nuclear power plants), and in Alberta (oil sands and pipelines). Therefore, non-residential investments will be the driving force behind job creation in the construction industry. However, non-residential construction accounts for a much smaller portion of the workforce than residential construction, particularly in this occupation. With regard to labour supply, job seekers will come from the school system and from other occupations. A large number of new managers in construction and transportation will come from related occupations, as is the case in all management occupations, given that labour market experience is often required to obtain a management position. However, mobility toward this occupation will be weaker than over the 2001-2010 period, due to the slowdown of activities in the construction industry, which will result in less demand for labour. Job seekers coming directly from the school system will essentially be those who have completed a program in construction and have decided to start their own business as builders and renovators in the housing sector.
This Chart contains data for Projection of Job Openings vs. Job Seekers for Canada. Information is available in the following tables.
|Other Replacement Demand||6,886||7%|
|Projected Job Openings||96,934||100%|
|Projected Job Seekers||102,568||100%|
In which industry or sector do people in this occupation find jobs in Canada?
This table shows the industry and sectors employing the highest number of people in this occupation.
|Industry / Sector||%|
|Administrative and support, waste management and remediation services||2.10|
What percentage of people in this occupation are self-employed?
This occupation (Residential Home Builders and Renovators) is part of a larger group called Managers in Construction and Transportation (NOC 071). According to the Labour Force Survey (2012), 71% of workers in this group were self-employed, while the average for all occupations was 15%.
What percentage of people in this occupation are members of a union?
This occupation (Residential Home Builders and Renovators) is part of a larger group called Managers in Construction and Transportation (NOC 071). According to the Labour Force Survey (2012), the unionization rate for this group was 11%, while the unionization rate for all occupations was 32%.
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