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.

 

 

 

 

Related Articles

Changing Scene

  • Texcan Announces Leadership Update: Patricia Quiroga Appointed as Vice President of Sales

    Texcan Announces Leadership Update: Patricia Quiroga Appointed as Vice President of Sales

    Texcan is pleased to announce the promotion of Patricia Quiroga to Vice President of Sales, effective August 5, 2025. Patricia Quiroga has been with Texcan since 2018, most recently serving as Vice President of Marketing & Business Development. She brings extensive industry experience, including her previous role as Vice President of Distribution at Southwire. In… Read More…

  • BC Hydro Making it Easier and More Affordable to Connect New Homes

    BC Hydro Making it Easier and More Affordable to Connect New Homes

    BC Hydro is supporting the construction of new housing developments in growing communities by advancing changes to streamline upgrades and reducing the cost of new customer connections to BC Hydro’s electricity grid. “As communities across B.C. grow, so does the need for essential housing. We are committed to ensuring we’re ready to meet this growing… Read More…

Peers & Profiles

Copper US Dollar Price Per Pound