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

  • AD Finalizes supplyFORCE Acquisition

    AD Finalizes supplyFORCE Acquisition

    AD is announcing that it has closed its acquisition of supplyFORCE, effective September 24, 2026. Bill Weisberg, AD Chairman and CEO shared his thoughts on the transaction: “It is with enormous gratitude that we extend our thanks to the AD LLC and supplyFORCE Boards of Directors for their leadership as we worked through the details… Read More…

  • Electro-Federation Canada Welcomes Patrick McManus as Incoming President & CEO

    Electro-Federation Canada Welcomes Patrick McManus as Incoming President & CEO

    Electro-Federation Canada (EFC) is pleased to announce the appointment of Patrick McManus as President & CEO, effective October 13, 2026. McManus will succeed Carol McGlogan, who is retiring following 10 years with EFC. McGlogan will remain with the organization through the end of 2026 to support a smooth leadership transition. McManus is an experienced association… Read More…

Peers & Profiles

Copper US Dollar Price Per Pound