Table 1
Building construction price indexes1
| Relative importance2 | Fourth quarter 2024 | Third quarter 2025 | Fourth quarter 2025 | Third quarter to fourth quarter 2025 | Fourth quarter 2024 to fourth quarter 2025 | |
|---|---|---|---|---|---|---|
| % | (2023=100) | (2023=100) | (2023=100) | % change | % change | |
| Residential building construction price indexes | ||||||
| 15-census metropolitan area composite | 100.0 | 105.7 | 108.5 | 108.9 | 0.4 | 3.0 |
| St. John's | 0.4 | 105.0 | 108.9 | 109.7 | 0.7 | 4.5 |
| Halifax | 2.7 | 106.4 | 109.8 | 110.5 | 0.6 | 3.9 |
| Moncton | 0.7 | 103.7 | 105.6 | 106.2 | 0.6 | 2.4 |
| Québec | 3.3 | 105.4 | 114.3 | 116.7 | 2.1 | 10.7 |
| Montréal | 9.4 | 103.0 | 108.5 | 110.3 | 1.7 | 7.1 |
| Ottawa–Gatineau, Ontario part | 4.9 | 103.1 | 105.9 | 106.8 | 0.8 | 3.6 |
| Toronto | 30.9 | 105.3 | 105.9 | 106.3 | 0.4 | 0.9 |
| London | 2.4 | 103.5 | 110.0 | 110.6 | 0.5 | 6.9 |
| Winnipeg | 3.0 | 105.4 | 109.7 | 110.7 | 0.9 | 5.0 |
| Regina | 0.5 | 110.1 | 118.2 | 120.0 | 1.5 | 9.0 |
| Saskatoon | 1.2 | 105.9 | 110.7 | 112.2 | 1.4 | 5.9 |
| Calgary | 10.4 | 109.9 | 112.5 | 111.7 | -0.7 | 1.6 |
| Edmonton | 7.1 | 105.2 | 108.9 | 108.8 | -0.1 | 3.4 |
| Vancouver | 20.1 | 106.3 | 108.8 | 108.5 | -0.3 | 2.1 |
| Victoria | 2.9 | 111.2 | 117.1 | 118.3 | 1.0 | 6.4 |
| Non-residential building construction price indexes | ||||||
| 15-census metropolitan area composite | 100.0 | 105.6 | 109.4 | 109.9 | 0.5 | 4.1 |
| St. John's | 0.3 | 102.9 | 105.5 | 105.9 | 0.4 | 2.9 |
| Halifax | 1.5 | 103.0 | 104.9 | 105.4 | 0.5 | 2.3 |
| Moncton | 0.6 | 106.5 | 110.2 | 111.1 | 0.8 | 4.3 |
| Québec | 3.7 | 106.3 | 113.5 | 114.0 | 0.4 | 7.2 |
| Montréal | 11.8 | 103.8 | 108.5 | 108.8 | 0.3 | 4.8 |
| Ottawa–Gatineau, Ontario part | 2.7 | 104.7 | 107.7 | 108.4 | 0.6 | 3.5 |
| Toronto | 30.9 | 105.8 | 109.1 | 109.6 | 0.5 | 3.6 |
| London | 6.0 | 108.0 | 116.0 | 118.7 | 2.3 | 9.9 |
| Winnipeg | 3.1 | 104.1 | 107.8 | 108.0 | 0.2 | 3.7 |
| Regina | 1.0 | 107.5 | 110.4 | 110.9 | 0.5 | 3.2 |
| Saskatoon | 1.3 | 107.8 | 112.3 | 113.8 | 1.3 | 5.6 |
| Calgary | 9.2 | 104.9 | 108.1 | 108.5 | 0.4 | 3.4 |
| Edmonton | 7.0 | 106.0 | 109.9 | 110.1 | 0.2 | 3.9 |
| Vancouver | 19.1 | 106.8 | 109.6 | 109.5 | -0.1 | 2.5 |
| Victoria | 1.9 | 108.4 | 111.5 | 111.5 | 0.0 | 2.9 |
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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