Table 1
Building construction price indexes1
| Relative importance2 | Fourth quarter 2022 | Third quarter 2023 | Fourth quarter 2023 | Third quarter to fourth quarter 2023 | Fourth quarter 2022 to fourth quarter 2023 | |
|---|---|---|---|---|---|---|
| % | (2017=100) | (2017=100) | (2017=100) | % change | % change | |
| Residential building construction price indexes | ||||||
| Eleven census metropolitan area composite | 100.0 | 165.3 | 173.6 | 175.2 | 0.9 | 6.0 |
| St. John's | 0.4 | 155.1 | 160.0 | 161.2 | 0.8 | 3.9 |
| Halifax | 2.3 | 146.6 | 157.8 | 159.8 | 1.3 | 9.0 |
| Moncton | 0.6 | 136.4 | 141.1 | 143.1 | 1.4 | 4.9 |
| Montréal | 12.8 | 149.8 | 150.4 | 151.2 | 0.5 | 0.9 |
| Ottawa | 6.8 | 172.7 | 175.9 | 176.0 | 0.1 | 1.9 |
| Toronto | 37.3 | 182.6 | 199.4 | 201.0 | 0.8 | 10.1 |
| Winnipeg | 3.2 | 151.5 | 154.1 | 154.9 | 0.5 | 2.2 |
| Saskatoon | 1.1 | 141.4 | 145.8 | 146.5 | 0.5 | 3.6 |
| Calgary | 9.5 | 175.5 | 179.2 | 182.3 | 1.7 | 3.9 |
| Edmonton | 7.6 | 166.6 | 164.7 | 164.6 | -0.1 | -1.2 |
| Vancouver | 18.3 | 149.0 | 157.3 | 159.9 | 1.7 | 7.3 |
| Non-residential building construction price indexes | ||||||
| Eleven census metropolitan area composite | 100.0 | 135.4 | 141.7 | 142.7 | 0.7 | 5.4 |
| St. John's | 0.3 | 121.2 | 124.1 | 125.2 | 0.9 | 3.3 |
| Halifax | 1.4 | 129.6 | 134.5 | 135.4 | 0.7 | 4.5 |
| Moncton | 0.8 | 132.4 | 143.5 | 144.8 | 0.9 | 9.4 |
| Montréal | 16.3 | 142.7 | 146.9 | 147.6 | 0.5 | 3.4 |
| Ottawa | 3.9 | 148.1 | 158.1 | 159.6 | 0.9 | 7.8 |
| Toronto | 34.9 | 148.1 | 155.3 | 156.2 | 0.6 | 5.5 |
| Winnipeg | 3.5 | 124.8 | 127.9 | 129.2 | 1.0 | 3.5 |
| Saskatoon | 0.9 | 119.7 | 124.6 | 125.8 | 1.0 | 5.1 |
| Calgary | 11.7 | 120.7 | 125.0 | 125.7 | 0.6 | 4.1 |
| Edmonton | 5.8 | 130.6 | 134.4 | 135.3 | 0.7 | 3.6 |
| Vancouver | 20.7 | 129.3 | 138.0 | 139.3 | 0.9 | 7.7 |
Source(s):
Table note 1
All geographic regions are based on the 2016 Census boundaries.
Table note 2
The relative importance is calculated using a price-adjusted three-year moving average of the value of building permits issued for each class of building within each census metropolitan area.
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