Table 1
Building construction price indexes1
| Relative importance2 | First quarter 2024 | Fourth quarter 2024 | First quarter 2025 | Fourth quarter 2024 to first quarter 2025 | First quarter 2024 to first quarter 2025 | |
|---|---|---|---|---|---|---|
| % | (2023=100) | (2023=100) | (2023=100) | % change | % change | |
| Residential building construction price indexes | ||||||
| 15-census metropolitan area composite | 100.0 | 103.0 | 105.7 | 106.5 | 0.8 | 3.4 |
| St. John's | 0.4 | 102.9 | 105.0 | 105.7 | 0.7 | 2.7 |
| Halifax | 2.4 | 104.4 | 106.4 | 107.5 | 1.0 | 3.0 |
| Moncton | 0.7 | 102.3 | 103.7 | 104.0 | 0.3 | 1.7 |
| Québec | 2.6 | 103.7 | 105.4 | 107.7 | 2.2 | 3.9 |
| Montréal | 9.9 | 100.9 | 103.0 | 104.2 | 1.2 | 3.3 |
| Ottawa–Gatineau, Ontario part | 5.3 | 100.6 | 103.1 | 103.4 | 0.3 | 2.8 |
| Toronto | 34.1 | 103.4 | 105.3 | 105.3 | 0.0 | 1.8 |
| London | 3.1 | 100.6 | 103.5 | 106.1 | 2.5 | 5.5 |
| Winnipeg | 3.1 | 101.7 | 105.4 | 106.5 | 1.0 | 4.7 |
| Regina | 1.1 | 105.5 | 110.1 | 112.3 | 2.0 | 6.4 |
| Saskatoon | 0.4 | 102.1 | 105.9 | 106.6 | 0.7 | 4.4 |
| Calgary | 9.8 | 104.7 | 109.9 | 111.9 | 1.8 | 6.9 |
| Edmonton | 6.4 | 101.7 | 105.2 | 106.3 | 1.0 | 4.5 |
| Vancouver | 17.9 | 103.6 | 106.3 | 107.1 | 0.8 | 3.4 |
| Victoria | 2.8 | 106.5 | 111.2 | 113.2 | 1.8 | 6.3 |
| Non-residential building construction price indexes | ||||||
| 15-census metropolitan area composite | 100.0 | 102.8 | 105.6 | 106.4 | 0.8 | 3.5 |
| St. John's | 0.3 | 101.7 | 102.9 | 103.0 | 0.1 | 1.3 |
| Halifax | 1.5 | 101.8 | 103.0 | 103.1 | 0.1 | 1.3 |
| Moncton | 0.9 | 103.6 | 106.5 | 107.6 | 1.0 | 3.9 |
| Québec | 2.8 | 104.2 | 106.3 | 107.4 | 1.0 | 3.1 |
| Montréal | 15.5 | 101.6 | 103.8 | 104.5 | 0.7 | 2.9 |
| Ottawa–Gatineau, Ontario part | 3.5 | 102.7 | 104.7 | 105.2 | 0.5 | 2.4 |
| Toronto | 31.4 | 102.6 | 105.8 | 106.5 | 0.7 | 3.8 |
| London | 2.6 | 103.2 | 108.0 | 110.1 | 1.9 | 6.7 |
| Winnipeg | 3.2 | 101.4 | 104.1 | 104.8 | 0.7 | 3.4 |
| Regina | 1.3 | 103.5 | 107.5 | 108.1 | 0.6 | 4.4 |
| Saskatoon | 0.8 | 104.0 | 107.8 | 108.6 | 0.7 | 4.4 |
| Calgary | 11.0 | 102.6 | 104.9 | 105.9 | 1.0 | 3.2 |
| Edmonton | 5.7 | 103.4 | 106.0 | 106.8 | 0.8 | 3.3 |
| Vancouver | 17.5 | 103.5 | 106.8 | 107.8 | 0.9 | 4.2 |
| Victoria | 1.9 | 105.9 | 108.4 | 109.4 | 0.9 | 3.3 |
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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