Higher Material Prices Increase Q! Apartment Building Construction Price Index

High Cost Material

 

The composite price index for apartment building construction rose 0.5% in the first quarter compared with the previous quarter. This increase resulted from higher prices for materials used in apartment building construction.Of the seven metropolitan areas (CMAs) surveyed, Vancouver  reported the largest increase(+0.9%), followed by Toronto (+0.7%). Edmonton (-0.4%) and Calgary (-0.1%) reported the only decreases.

Year over year, the composite price index for apartment building construction was up 1.5%. Of the CMAs surveyed, Toronto (+2.3%) recorded the largest year-over-year gain, while Edmonton (+0.1%) recorded the smallest increase compared with the first quarter of 2014.

 

 

 

 

Similar Posts

Changing Scene

  • EB Horsman & Son Announces Jason Organ as New Cranbrook Branch Manager

    EB Horsman & Son Announces Jason Organ as New Cranbrook Branch Manager

    EB Horsman & Son is pleased to share that Jason Organ has been appointed Branch Manager of its Cranbrook branch. Jason has been part of EB Horsman & Son for 24 years, joining the Cranbrook team as Customer Service Manager. Over the years, he has become a trusted leader within the branch, building strong relationships… Read More…

  • Westburne Marks 100 Years of Powering Canada by Investing in What Comes Next

    Westburne Marks 100 Years of Powering Canada by Investing in What Comes Next

    Westburne is marking its 100th anniversary by accelerating its evolution from distributor to solutions provider and investing in the skilled trades, technical expertise and communities that will power Canada’s next century. Throughout 2026, Westburne is investing $60,000 in 12 skilled-trades scholarships across three provinces – Quebec, Alberta and Ontario – with $15,000 directed to each… Read More…

Peers & Profiles

Copper US Dollar Price Per Pound