Job prospects Builder - Residential near Charlottetown (PE)
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Explore current and future job prospects for people working as "Home building and renovation managers" near Charlottetown (PE) or across Canada.

Current and future job prospects

These outlooks were updated on November 29, 2023.

Recent trends from the past 3 years

Undetermined

We were not able to determine labour market conditions for Home building and renovation managers near Charlottetown (PE) over the past few years (2021-2023) because of low employment levels in this occupation.

Source Labour Market Information | Recent Trends Assessment Methodology

Job outlook over the next 3 years

Very good

The employment outlook will be very good for Home building and renovation managers (NOC 70011) in Prince Edward Island for the 2023-2025 period.

The following factors contributed to this outlook:

  • Employment growth will lead to a moderate number of new positions.
  • Several positions will become available due to retirements.

The prospect for employment in this occupation is good as there continues to be a shortage of workers and unfilled vacancies in the province due to strong gains in both residential and non-residential investment. The demand for workers in this occupation is expected to remain favourable driven by continued housing development to support population growth, as well as maintenance, renovation, and repair work. Opportunities are expected to arise as there will be a need to replace workers who retire. The large majority of the employed labour force in this occupation worked in the construction industry, specifically in the residential building construction subsector and for specialty trade contractors.  This is a relatively small occupational group in P.E.I. Because most home builders and renovators are self-employed, entry into this occupation usually requires a business investment.

Persons in this occupation often have a trades certificate or additional post-secondary education along with significant experience in the residential construction segment. Knowledge of green building practices, demonstrated through Leadership in Energy and Environmental Design (LEED) certification, may result in greater career prospects.

Here are some key facts about Home building and renovation managers in Prince Edward Island:

  • Approximately 600 people work in this occupation.
  • Home building and renovation managers mainly work in the following sectors:
    • Construction (NAICS 23): 94%
    • Fishing, hunting and trapping (NAICS 114): 6%
  • The distribution of full-time and part-time workers in this occupation is:
    • Full-time workers: 95% compared to 84% for all occupations
    • Part-time workers: 5% compared to 16% for all occupations
  • 45% of home building and renovation managers work all year, while 55% work only part of the year, compared to 59% and 41% respectively among all occupations. Those who worked only part of the year did so for an average of 38 weeks compared to 41 weeks for all occupations.
  • 80% of home building and renovation managers are self-employed compared to an average of 13% for all occupations.
  • The gender distribution of people in this occupation is:
    • Men: more than 95% compared to 51% for all occupations
    • Women: less than 5% compared to 49% for all occupations
  • The educational attainment of workers in this occupation is:
    • no high school diploma: 14% compared to 11% for all occupations
    • high school diploma or equivalent: 42% compared to 28% for all occupations
    • apprenticeship or trades certificate or diploma: 21% compared to 11% for all occupations
    • college certificate or diploma or university certificate below bachelor's: 12% compared to 25% for all occupations
    • bachelor's degree: 9% compared to 17% for all occupations
    • university certificate, degree or diploma above bachelor level: less than 5% compared to 8% for all occupations

Source Labour Market Information | Prospects Methodology

Labour market conditions over the next 10 years

Find out what will be the job prospects for Home building and renovation managers across Canada over the next 10 years, from 2022 to 2031.

Learn more

Labour Market Information Survey
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