Housing and construction price indexes
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Selected geographical area: Canada
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0.1%
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125.6-1.3%
(quarterly change)
More housing and construction price indexes indicators
Selected geographical area: Canada
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0.9%
(quarterly change)
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0.7%
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-0.1%
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- Articles and reports: 62F0014M2022011Description:
To better understand the unprecedented volatility in lumber prices and the ensuing price transmission, this analysis evaluates the price movements across the domestic supply chain for lumber since the summer of 2020 using producer price indexes.
Release date: 2022-09-02 - Articles and reports: 62F0014M2022005Description:
This technical guide describes the estimation of the Building Construction Price Index (BCPI). It explains the component cost methodology, the aggregation structure, and the data sources used to derive price relatives that are appropriately aggregated to estimate the index. The BCPI measures the quarterly change over time in the prices that contractors charge to construct a range of new residential and non-residential buildings.
Release date: 2022-07-28 - Articles and reports: 62F0014M1996002Geography: CanadaDescription:
Price indexes are an essential tool for the analysis of real output in the construction industry and for relative performance and productivity measures. They provide a succinct picture of the past and a useful framework for forecasting future developments. Government requires such price indexes as part of the information used in the development of its policies including support programs to provincial governments. These indexes are also used in construction contracts to adjust for cost fluctuations and inflation. It is however, a difficult task to obtain satisfactory indexes reflecting 'pure' price changes for construction. The units built are nonstandard and heterogeneous with large variations in quality, size, design and construction techniques. Consequently, there are many different types of indexes developed from information recorded in the construction industry.
This paper summarizes the various ways in which construction price indexes can be compiled, and examines and compares the performance of some of the indexes currently produced at Statistics Canada. It is hoped that the comparisons would permit an assessment of the various types of construction indexes examined for specific applications.
Release date: 1997-05-05 - Articles and reports: 62F0014M1996003Geography: CanadaDescription:
Productivity analysis is one of the major foundations of the analysis of long-term economic growth. It is important to study productivity in order to identify the factors that contribute to it and to explore the relationship that exists between productivity, growth and international competitiveness.
Statistics Canada produces partial productivity indexes for some 30 industries and the business sector of the economy on an annual basis. However, little is known about the real output, productivity, and price trends in the construction industry. Four opportunities for productivity research in the construction industry are evident, (a) investigation of the available productivity measures, (b) alternative approaches to the implicit methods currently used in the compilation of output price indexes, (c) estimation of productivity within particular sectors of the construction industry, and (d) comparison of productivity on an interprovincial or international basis.
In this paper we will focus on the first two of the four alternatives and will give examples of the last two. In particular, by formalizing the adjustments that are made to the input factors used in the development of output indexes, we contend that the result will be more impartial and enduring. Generally, our goal is to investigate and promote measures that will be available and attractive to the construction industry as it begins to demand more electronic information. The purpose is to derive, eventually, some new productivity estimates based upon the best available statistics.
Release date: 1997-05-05
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Analysis (4)
Analysis (4) ((4 results))
- Articles and reports: 62F0014M2022011Description:
To better understand the unprecedented volatility in lumber prices and the ensuing price transmission, this analysis evaluates the price movements across the domestic supply chain for lumber since the summer of 2020 using producer price indexes.
Release date: 2022-09-02 - Articles and reports: 62F0014M2022005Description:
This technical guide describes the estimation of the Building Construction Price Index (BCPI). It explains the component cost methodology, the aggregation structure, and the data sources used to derive price relatives that are appropriately aggregated to estimate the index. The BCPI measures the quarterly change over time in the prices that contractors charge to construct a range of new residential and non-residential buildings.
Release date: 2022-07-28 - Articles and reports: 62F0014M1996002Geography: CanadaDescription:
Price indexes are an essential tool for the analysis of real output in the construction industry and for relative performance and productivity measures. They provide a succinct picture of the past and a useful framework for forecasting future developments. Government requires such price indexes as part of the information used in the development of its policies including support programs to provincial governments. These indexes are also used in construction contracts to adjust for cost fluctuations and inflation. It is however, a difficult task to obtain satisfactory indexes reflecting 'pure' price changes for construction. The units built are nonstandard and heterogeneous with large variations in quality, size, design and construction techniques. Consequently, there are many different types of indexes developed from information recorded in the construction industry.
This paper summarizes the various ways in which construction price indexes can be compiled, and examines and compares the performance of some of the indexes currently produced at Statistics Canada. It is hoped that the comparisons would permit an assessment of the various types of construction indexes examined for specific applications.
Release date: 1997-05-05 - Articles and reports: 62F0014M1996003Geography: CanadaDescription:
Productivity analysis is one of the major foundations of the analysis of long-term economic growth. It is important to study productivity in order to identify the factors that contribute to it and to explore the relationship that exists between productivity, growth and international competitiveness.
Statistics Canada produces partial productivity indexes for some 30 industries and the business sector of the economy on an annual basis. However, little is known about the real output, productivity, and price trends in the construction industry. Four opportunities for productivity research in the construction industry are evident, (a) investigation of the available productivity measures, (b) alternative approaches to the implicit methods currently used in the compilation of output price indexes, (c) estimation of productivity within particular sectors of the construction industry, and (d) comparison of productivity on an interprovincial or international basis.
In this paper we will focus on the first two of the four alternatives and will give examples of the last two. In particular, by formalizing the adjustments that are made to the input factors used in the development of output indexes, we contend that the result will be more impartial and enduring. Generally, our goal is to investigate and promote measures that will be available and attractive to the construction industry as it begins to demand more electronic information. The purpose is to derive, eventually, some new productivity estimates based upon the best available statistics.
Release date: 1997-05-05
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