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Fourth Quarter 2009
- The New Housing Price Index (1997=100) increased 1.0% in the fourth quarter of 2009. The Atlantic Region (+0.5%), Quebec (+1.0%), Ontario (+1.1%), the Prairie Region (+0.3%) and British Columbia (+1.8%) all posted increases.
- The composite price index for non-residential building construction decreased 0.4% in the fourth quarter compared with the previous quarter. The quarterly drop in the price index was mainly due to a slight decline in the price of construction materials. Year over year, the composite price index for non-residential building construction was down 7.7%.
- The Machinery and Equipment Price Index (MEPI) fell by 2.3% in the fourth quarter. The import component fell by 3.4% over the same period, while the domestic component declined by 0.3%. The total MEPI was down by 8.7% compared with the fourth quarter of 2008, with the import component declining by 13.0%, while the domestic component fell by 0.7%.
- The Electric Utility Construction Price Index construction costs for distribution systems increased by 0.7% during 2009. The increase in the construction indirects component (+8.5%) was the major contributor to the rise in the index. Construction costs for the transmission line system series rose 1.4% in 2009 compared with a 4.3% increase for 2008.
