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First quarter 2013

  1. The New Housing Price Index (2007=100) rose 0.5% in the first quarter of 2013 following identical increases in third and fourth quarters of 2012. The Atlantic Region (+0.5%), Quebec (+0.2%), Ontario (+0.3%), as well as the Prairie Region (+0.9%) all posted increases, while British Columbia (-0.3%) recorded a second consecutive quarterly decrease.
  2. The composite price index for non-residential building construction was unchanged in the first quarter, following 11 consecutive quarterly increases. Contractors reported that price increases in the architectural and structural trades were offset by lower commodity prices in the mechanical and electrical trades. Year over year, the composite price index for non-residential building construction was up 1.1%.
  3. The Machinery and Equipment Price Index (MEPI) rose 1.2% in the first quarter compared with the previous quarter. The import component was up 2.0% over this period, while the domestic component increased 0.1%. Compared with the first quarter of 2012, the total MEPI increased 1.1%, with the import component up 2.0% and the domestic component down 0.1%.
  4. Construction costs for the electric utility distribution systems series increased by 0.9% in 2012 compared with the 2011 annual index. Construction costs for the transmission line systems series rose 0.2% in 2012.
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