Table 1
Building construction price indexes1
| Relative importance2 | First quarter 2023 | Fourth quarter 2023 | First quarter 2024 | Fourth quarter 2023 to first quarter 2024 | First quarter 2023 to first quarter 2024 | |
|---|---|---|---|---|---|---|
| % | (2017=100) | (2017=100) | (2017=100) | % change | % change | |
| Residential building construction price indexes | ||||||
| Eleven census metropolitan area composite | 100.0 | 168.2 | 175.5 | 176.9 | 0.8 | 5.2 |
| St. John's | 0.4 | 155.9 | 161.2 | 163.0 | 1.1 | 4.6 |
| Halifax | 2.3 | 150.4 | 159.8 | 162.6 | 1.8 | 8.1 |
| Moncton | 0.6 | 139.2 | 143.1 | 144.1 | 0.7 | 3.5 |
| Montréal | 12.8 | 150.4 | 151.2 | 151.8 | 0.4 | 0.9 |
| Ottawa | 6.8 | 173.1 | 176.0 | 176.1 | 0.1 | 1.7 |
| Toronto | 37.3 | 188.4 | 201.0 | 202.8 | 0.9 | 7.6 |
| Winnipeg | 3.2 | 152.6 | 155.0 | 156.1 | 0.7 | 2.3 |
| Saskatoon | 1.1 | 143.8 | 146.7 | 148.0 | 0.9 | 2.9 |
| Calgary | 9.5 | 174.7 | 182.4 | 185.6 | 1.8 | 6.2 |
| Edmonton | 7.6 | 166.6 | 164.7 | 166.8 | 1.3 | 0.1 |
| Vancouver | 18.3 | 152.6 | 161.0 | 162.0 | 0.6 | 6.2 |
| Non-residential building construction price indexes | ||||||
| Eleven census metropolitan area composite | 100.0 | 137.7 | 142.9 | 144.0 | 0.8 | 4.6 |
| St. John's | 0.3 | 121.8 | 125.2 | 125.6 | 0.3 | 3.1 |
| Halifax | 1.4 | 131.5 | 135.4 | 136.1 | 0.5 | 3.5 |
| Moncton | 0.8 | 135.6 | 144.7 | 146.3 | 1.1 | 7.9 |
| Montréal | 16.3 | 144.6 | 147.6 | 148.8 | 0.8 | 2.9 |
| Ottawa | 3.9 | 151.0 | 159.6 | 160.0 | 0.3 | 6.0 |
| Toronto | 34.9 | 150.6 | 156.1 | 157.6 | 1.0 | 4.6 |
| Winnipeg | 3.5 | 125.8 | 129.2 | 129.5 | 0.2 | 2.9 |
| Saskatoon | 0.9 | 120.5 | 126.0 | 128.3 | 1.8 | 6.5 |
| Calgary | 11.7 | 122.1 | 125.6 | 126.1 | 0.4 | 3.3 |
| Edmonton | 5.8 | 132.0 | 135.3 | 136.7 | 1.0 | 3.6 |
| Vancouver | 20.7 | 132.6 | 140.5 | 141.6 | 0.8 | 6.8 |
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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