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Apartment & Condominium Construction in Nunavut

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS NU23611bCA

Apartment & Condominium Construction in Nunavut industry analysis

Revenue for the Apartment & Condominium Construction industry in Nunavut is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while revenue for the national industry will likely grow at x.x% during the same period. The number of industry establishments has stagnated an annualized x% to x locations over the past five years. Industry employment has decreased an annualized -x.x% to x workers during the period, while industry wages have decreased an annualized -x.x% to $x,xxx,xxx.x.

Over the five years to 2030, provincial industry revenue is expected to decline an annualized -x.x% to $x.x million, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to decline -x.x% to x locations over the next five years. Industry employment is expected to stagnate an annualized x% to x workers during the outlook period, while industry wages likely decrease -x% to $x,xxx,xxx.x.

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About the Apartment & Condominium Construction in Nunavut Market Research Report

What’s Included in the Apartment & Condominium Construction in Nunavut Market Research Report

Definition of the Apartment & Condominium Construction in Nunavut?

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 Nunavut?

The Apartment & Condominium Construction in Nunavut 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 Nunavut 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 Nunavut

Benchmark the Apartment & Condominium Construction in Nunavut industry performance with all NU Census Metropolitan Area and national performance.

Apartment & Condominium Construction in Nunavut

#13 in Highest Revenue 0% of province's GDP
Revenue (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 Nunavut

See how key industry drivers, such as gross domestic product, median houshold income, population, value of residential construction, gdp of canada and rental vacancy rate are impacting Apartment & Condominium Construction in Nunavut

Nunavut Economic Indicators

Gross Domestic Product
Median Houshold Income
Population

View more economic information in NU 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 Nunavut

Key Statistics of the Apartment & Condominium Construction industry in Nunavut

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Apartment & Condominium Construction industry in Nunavut in 2025?

The market size of the Apartment & Condominium Construction industry in Nunavut is $10.6m in 2025.

How many businesses are there in the Apartment & Condominium Construction industry in Nunavut in 2025?

There are 2 businesses in the Apartment & Condominium Construction industry in Nunavut, which has been declining at an average annual rate of 0.0% from 2020 to 2025.

Has the Apartment & Condominium Construction industry in Nunavut grown or declined over the past 5 years?

The market size of the Apartment & Condominium Construction industry in Nunavut has been declining at an average annual rate of -10.5% from 2020 to 2025.

How many employees in the Apartment & Condominium Construction industry in Nunavut in 2025?

There are 2 employees in the Apartment & Condominium Construction industry in Nunavut, which has been declining at an average annual rate of -7.8% from 2020 to 2025.