Apartment Building Construction Price Index
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The composite price index for apartment building construction increased 1.2% in the first quarter compared with the previous quarter. This was the fourth consecutive quarterly increase in the composite index.
All seven of the census metropolitan areas (CMAs) surveyed reported quarterly increases, ranging from 0.6% to 1.8%. Ottawa–Gatineau, Ontario part (+1.8%) and Toronto (+1.7%) posted the largest increases, while Calgary (+0.6%) reported the smallest gain.
Year over year, the composite price index for apartment building construction was up 3.1% in the first quarter. Of the CMAs surveyed, Ottawa–Gatineau, Ontario part (+4.7%) reported the largest year-over-year increase, while Calgary (+1.2%) posted the smallest advance.
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 first quarter 2011 issue of Capital Expenditure Price Statistics (62-007-X, free) will be available in July.
The apartment building construction price indexes for the second quarter will be released on August 19.
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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