About the Apartment & Condominium Construction in Newfoundland Market Research Report
What’s Included in the Apartment & Condominium Construction in Newfoundland Market Research Report
Definition of the Apartment & Condominium Construction in Newfoundland?
This industry constructs new multifamily residential housing units, including low- and high-rise apartments, townhouses, duplexes, condominiums and medium- to high-density units (i.e. units not separated by a ground-to-roof wall). All of the complexes may be constructed for sale as condominiums or cooperatives or for rent as apartments. This industry does not include renovation construction, speculative builders or contractors that build on their own account for sale.
What’s included in the Apartment & Condominium Construction in Newfoundland?
The Apartment & Condominium Construction in Newfoundland includes low-rise apartment buildings, high-rise apartment buildings, condominiums (attached and detached units) and duplexes. Related terms covered in the Apartment & Condominium Construction in Newfoundland industry report includes the number of new homes under construction during a specified period of time and a key economic indicator of the health of the housing market, an enterprise that prepares a real estate site for residential or commercial use and raises capital, gains zoning approvals and hires contractors to design, construct and develop property and a legal entity that uses pooled investor capital to purchase and manage income property or mortgage loans. to qualify as an reit, the entity must distribute at least 90.0% of taxable income.
Industry Performance of the Apartment & Condominium Construction industry in Newfoundland
Benchmark the Apartment & Condominium Construction in Newfoundland industry performance with all NL Census Metropolitan Area and national performance.
Apartment & Condominium Construction in Newfoundland
#9 in Highest Revenue 0.7% of province's GDPRevenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
Apartment & Condominium Construction in Canada
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
For the full list of industry drivers, see report purchase options.
Key Drivers of the Apartment & Condominium Construction industry in Newfoundland
See how key industry drivers, such as net migration, gross domestic product, median houshold income, value of residential construction, gdp of canada and rental vacancy rate are impacting Apartment & Condominium Construction in Newfoundland
Newfoundland Economic Indicators
Net Migration
Gross Domestic Product
Median Houshold Income
View more economic information in NL State Economic profile
Canada Key External Drivers
Value of residential construction
GDP of Canada
Rental vacancy rate
For the full list of industry drivers, see report purchase options.
Census Metropolitan Area Data of the Apartment & Condominium Construction industry in Newfoundland
Access proprietary data on Census Metropolitan Area in the Apartment & Condominium Construction in Newfoundland, such as St. John's, Corner Brook and Bay Roberts. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.
Key Statistics of the Apartment & Condominium Construction industry in Newfoundland
Download 18 years of historical data and 5 years of projected performance.
