Apartment Building Construction Price Index
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The composite price index for apartment building construction increased 0.4% in the fourth quarter compared with the previous quarter.
Overall, six of the seven census metropolitan areas (CMAs) surveyed reported quarterly increases. Montréal and Vancouver (+0.7% each) recorded the largest quarterly gains while Calgary posted no change.
Year over year, the composite price index for apartment building construction was up 1.6%. Of the seven CMAs surveyed, Ottawa–Gatineau, Ontario part (+4.7%) and Edmonton (+4.6%) posted the largest increases, while Calgary (-0.7%) 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 fourth quarter 2010 issue of Capital Expenditure Price Statistics (62-007-X, free) will be available in April.
The apartment building construction price indexes for the first quarter of 2011 will be released on May 20.
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.
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