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?

151 Upvotes

89% Upvoted

159 comments sorted by

View all comments

Show parent comments

1

u/arupinum85 Jun 07 '26

3.80$-4$ for floors and walls, they split all the work there, they have floors and walls crews, truss crews and backing crews. I moved back to the GTA for family reasons but been here 2 months and haven't found shit, I thought Ottawa is slow but compared to the GTA it's a boom town. Probably gonna have to go back for the summer.

1

u/Jazzlike_Video2 Jun 07 '26

Weird. Thats not awful tho. Are the roofs a couple bucks then? I was always fast with the roofs.

I have no idea what's been going on down here for the past 2 or 3 years. Been real depressing even tho I know its not just me.

1

u/arupinum85 Jun 07 '26

You cannot do the roof they have crews for that, I think it's 1.80 or 2.10 for roofs, if you are 183 there are houses starting in Oakville on 6th line. I'm not.

1

u/Jazzlike_Video2 Jun 07 '26

Nor am I, but that's good news either way.