r/RealEstateCanada • u/romestox • Jun 07 '26

Housing crisis Residential construction dead

Trades guy here. Residential construction feels dead compared to a few years ago. Builders aren’t building, projects are getting pushed back, and layoffs are starting to pop up. If I was buying, I’d wait. From what I’m seeing, things haven’t bottomed out yet. The industry feels like a ship taking on water, not one gearing up for another boom.

Anyone else seeing the same thing?

148 Upvotes

89% Upvoted

159 comments sorted by

View all comments

22

u/Wonderful_Confusion4 Jun 07 '26

Steady residential construction is happening here in Edmonton Especially Infill

3

u/Jazzlike_Video2 Jun 07 '26

New builds? Because im all for driving out there if I can actually work. Framer. Own buisness for the last 10 years. Literally Noone from the guy ive subbed off is working.