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Apartment Building Construction Price Index

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Third quarter 2010  (Previous release)

The composite price index for apartment building construction edged up 0.1% in the third quarter compared with the previous quarter.

Of the seven census metropolitan areas (CMAs) surveyed, five reported quarterly increases in the third quarter, with Ottawa–Gatineau, Ottawa part, and Vancouver (+0.4% each) recording the largest quarterly gains. Calgary (-0.6%) posted the largest decline.

Year-over-year, the composite price index for apartment building construction was up 1.0%. Of the CMAs surveyed, Ottawa–Gatineau, Ottawa part (+4.1%) posted the largest increase, while Calgary (-0.9%) recorded the only decline.

Note: This release presents data that are not seasonally adjusted and the indexes published are subject to a one quarter revision period after dissemination of a given quarter's data.

Available on CANSIM: table 327-0044.

Definitions, data sources and methods: survey numbers, including related surveys, 2317 and 2330.

The third quarter 2010 issue of Capital Expenditure Price Statistics (62-007-X, free) will be available in January 2011.

The Apartment Building Construction Price Index for the fourth quarter will be released on February 18, 2011.

For more information, or to enquire about the concepts, methods or data quality of this release, contact Client Services (toll-free 1-888-951-4550; 613-951-4550; fax: 613-951-3117; ppd-info-dpp@statcan.gc.ca), Producer Prices Division.

Table 1

Apartment Building Construction Price Index1
  2010 Third quarter 2009 Second quarter 2010 Third quarter 2010 Second quarter to third quarter 2010 Third quarter 2009 to third quarter 2010
  relative importance2 (2002=100) % change
Composite index 100.0 134.8 136.0 136.2 0.1 1.0
Halifax 1.7 130.4 131.9 132.0 0.1 1.2
Montréal 25.5 132.5 133.9 134.2 0.2 1.3
Ottawa–Gatineau, Ottawa part 2.3 135.0 140.0 140.6 0.4 4.1
Toronto 34.5 135.9 136.9 137.1 0.1 0.9
Calgary 6.9 158.1 157.6 156.6 -0.6 -0.9
Edmonton 6.1 147.6 152.1 151.9 -0.1 2.9
Vancouver 23.0 133.2 134.1 134.7 0.4 1.1
Go online to view the census subdivisions that comprise the census metropolitan areas (CMA ).
The relative importance is calculated using a price adjusted three-year average of the value of building permits for each CMA .