Table 1
Building construction price indexes1
| Relative importance2 | Third quarter 2024 | Second quarter 2025 | Third quarter 2025 | Second quarter to third quarter 2025 | Third quarter 2024 to third quarter 2025 | |
|---|---|---|---|---|---|---|
| % | (2023=100) | (2023=100) | (2023=100) | % change | % change | |
| Residential building construction price indexes | ||||||
| 15-census metropolitan area composite | 100.0 | 104.9 | 107.8 | 108.4 | 0.6 | 3.3 |
| St. John's | 0.4 | 104.5 | 107.9 | 108.9 | 0.9 | 4.2 |
| Halifax | 2.7 | 106.0 | 108.5 | 109.6 | 1.0 | 3.4 |
| Moncton | 0.7 | 103.2 | 105.1 | 105.5 | 0.4 | 2.2 |
| Québec | 3.3 | 105.0 | 111.5 | 114.2 | 2.4 | 8.8 |
| Montréal | 9.4 | 102.6 | 106.9 | 108.4 | 1.4 | 5.7 |
| Ottawa–Gatineau, Ontario part | 4.9 | 102.1 | 105.2 | 105.8 | 0.6 | 3.6 |
| Toronto | 30.9 | 104.6 | 105.6 | 105.8 | 0.2 | 1.1 |
| London | 2.4 | 102.4 | 108.9 | 109.9 | 0.9 | 7.3 |
| Winnipeg | 3.0 | 104.4 | 108.6 | 109.6 | 0.9 | 5.0 |
| Regina | 0.5 | 107.5 | 115.7 | 118.2 | 2.2 | 10.0 |
| Saskatoon | 1.2 | 104.7 | 109.1 | 110.7 | 1.5 | 5.7 |
| Calgary | 10.4 | 108.0 | 112.6 | 112.5 | -0.1 | 4.2 |
| Edmonton | 7.1 | 103.8 | 107.6 | 108.8 | 1.1 | 4.8 |
| Vancouver | 20.1 | 106.1 | 108.5 | 108.6 | 0.1 | 2.4 |
| Victoria | 2.9 | 109.4 | 115.4 | 117.0 | 1.4 | 6.9 |
| Non-residential building construction price indexes | ||||||
| 15-census metropolitan area composite | 100.0 | 104.8 | 108.6 | 109.2 | 0.6 | 4.2 |
| St. John's | 0.3 | 102.7 | 104.7 | 104.8 | 0.1 | 2.0 |
| Halifax | 1.5 | 102.7 | 104.1 | 104.7 | 0.6 | 1.9 |
| Moncton | 0.6 | 105.8 | 109.4 | 110.0 | 0.5 | 4.0 |
| Québec | 3.7 | 105.3 | 111.5 | 113.2 | 1.5 | 7.5 |
| Montréal | 11.8 | 103.0 | 107.5 | 108.3 | 0.7 | 5.1 |
| Ottawa–Gatineau, Ontario part | 2.7 | 103.9 | 106.5 | 107.6 | 1.0 | 3.6 |
| Toronto | 30.9 | 104.5 | 108.2 | 108.9 | 0.6 | 4.2 |
| London | 6.0 | 107.2 | 113.6 | 115.9 | 2.0 | 8.1 |
| Winnipeg | 3.1 | 103.5 | 106.9 | 107.5 | 0.6 | 3.9 |
| Regina | 1.0 | 106.7 | 109.6 | 110.3 | 0.6 | 3.4 |
| Saskatoon | 1.3 | 107.0 | 111.0 | 112.1 | 1.0 | 4.8 |
| Calgary | 9.2 | 104.9 | 107.7 | 107.9 | 0.2 | 2.9 |
| Edmonton | 7.0 | 105.5 | 108.7 | 109.6 | 0.8 | 3.9 |
| Vancouver | 19.1 | 106.2 | 109.5 | 109.6 | 0.1 | 3.2 |
| Victoria | 1.9 | 107.8 | 110.8 | 111.5 | 0.6 | 3.4 |
Source(s):
Table note 1
All geographic regions are based on the 2021 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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