Impact of Home Building on the Fraser Valley Economy

Abbotsford ECONOMIC IMPACTS OF RESIDENTIAL CONSTRUCTION NEW HOME BUILDING, RENOVATION AND REPAIR

The residential construction industry is essential to Abbotsford’s long-term economic strength and prosperity.

3,553

On-site and off-site jobs in new home construction, renovation, and repair – one of the largest employers in Abbotsford.

$204

Million in wages – that show up in purchases across the entire local economy.

$392

Million in investment value – the largest single wealth-builder for most families.

For more information, please contact: Christy MacLeod, Executive Officer CHBA-Fraser Valley | P.O. Box 365, Abbotsford, BC V2T 6Z6 (604) 755-9306 | christy@chbafv.com | www.chbafv.com

Economic impacts calculated by Will Dunning Inc. Economic Research for the Census Metropolitan Area.

Estimates based on 2015 data from Canada Mortgage and Housing Corporation and Statistics Canada. Acquisition costs included in “investment value” total as well.

Abbotsford (City) ECONOMIC IMPACTS OF RESIDENTIAL CONSTRUCTION NEW HOME BUILDING, RENOVATION AND REPAIR

The residential construction industry is essential to Abbotsford (City)’s long-term economic strength and prosperity.

2,930

On-site and off-site jobs in new home construction, renovation, and repair – one of the largest employers in Abbotsford (City).

$169

Million in wages – that show up in purchases across the entire local economy.

$326

Million in investment value – the largest single wealth-builder for most families.

For more information, please contact: Christy MacLeod, Executive Officer CHBA-Fraser Valley | P.O. Box 365, Abbotsford, BC V2T 6Z6 (604) 755-9306 | christy@chbafv.com | www.chbafv.com

Economic impacts calculated by Will Dunning Inc. Economic Research for the city.

Estimates based on 2015 data from Canada Mortgage and Housing Corporation and Statistics Canada. Acquisition costs included in “investment value” total as well.

Chilliwack (CA) ECONOMIC IMPACTS OF RESIDENTIAL CONSTRUCTION NEW HOME BUILDING, RENOVATION AND REPAIR

The residential construction industry is essential to Chilliwack’s long-term economic strength and prosperity.

2,562

On-site and off-site jobs in new home construction, renovation, and repair – one of the largest employers in Chilliwack.

$147

Million in wages – that show up in purchases across the entire local economy.

$330

Million in investment value – the largest single wealth-builder for most families.

For more information, please contact: Christy MacLeod, Executive Officer CHBA-Fraser Valley | P.O. Box 365, Abbotsford, BC V2T 6Z6 (604) 755-9306 | christy@chbafv.com | www.chbafv.com

Economic impacts calculated by Will Dunning Inc. Economic Research for the Census Agglomeration.

Estimates based on 2015 data from Canada Mortgage and Housing Corporation and Statistics Canada. Acquisition costs included in “investment value” total as well.

Chilliwack (CMA) ECONOMIC IMPACTS OF RESIDENTIAL CONSTRUCTION NEW HOME BUILDING, RENOVATION AND REPAIR

The residential construction industry is essential to Chilliwack’s long-term economic strength and prosperity.

2,839

On-site and off-site jobs in new home construction, renovation, and repair – one of the largest employers in Chilliwack.

$163

Million in wages – that show up in purchases across the entire local economy.

$366

Million in investment value – the largest single wealth-builder for most families.

For more information, please contact: Christy MacLeod, Executive Officer CHBA-Fraser Valley | P.O. Box 365, Abbotsford, BC V2T 6Z6 (604) 755-9306 | christy@chbafv.com | www.chbafv.com

Economic impacts calculated by Will Dunning Inc. Economic Research for the Census Metropolitan Area.

Estimates based on 2015 data from Canada Mortgage and Housing Corporation and Statistics Canada. Acquisition costs included in “investment value” total as well.

Langley ECONOMIC IMPACTS OF RESIDENTIAL CONSTRUCTION NEW HOME BUILDING, RENOVATION AND REPAIR

The residential construction industry is essential to Langley’s long-term economic strength and prosperity.

4,856

On-site and off-site jobs in new home construction, renovation, and repair – one of the largest employers in Langley.

$279

Million in wages – that show up in purchases across the entire local economy.

$775

Million in investment value – the largest single wealth-builder for most families.

For more information, please contact: Bob de Wit, Executive Officer Greater Vancouver HBA | Unit 1003, 7495 - 132 Street, Surrey, BC V3W 1J8 (778) 565-4288 | bob@gvhba.org | www.gvhba.org

Economic impacts calculated by Will Dunning Inc. Economic Research for the District.

Estimates based on 2015 data from Canada Mortgage and Housing Corporation and Statistics Canada. Acquisition costs included in “investment value” total as well.

Mission District ECONOMIC IMPACTS OF RESIDENTIAL CONSTRUCTION NEW HOME BUILDING, RENOVATION AND REPAIR

The residential construction industry is essential to Mission District’s long-term economic strength and prosperity.

626

On-site and off-site jobs in new home construction, renovation, and repair – one of the largest employers in Mission District.

$36

Million in wages – that show up in purchases across the entire local economy.

$66

Million in investment value – the largest single wealth-builder for most families.

For more information, please contact: Christy MacLeod, Executive Officer CHBA-Fraser Valley | P.O. Box 365, Abbotsford, BC V2T 6Z6 (604) 755-9306 | christy@chbafv.com | www.chbafv.com

Economic impacts calculated by Will Dunning Inc. Economic Research for the District.

Estimates based on 2015 data from Canada Mortgage and Housing Corporation and Statistics Canada. Acquisition costs included in “investment value” total as well.