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

  • Cooper Lighting Solutions Earns Eight Selections in 2026 IES Progress Report 

    Cooper Lighting Solutions Earns Eight Selections in 2026 IES Progress Report 

    Cooper Lighting Solutions has earned eight selections in the 2026 Illuminating Engineering Society (IES) Progress Report, more than any other lighting manufacturer recognized this year. The achievement marks the company’s 16th year of recognition in the past 18 years. The selected solutions address a broad range of lighting needs, from precise outdoor optical control and… Read More…

  • Elec-Tech Sales Ltd. and CMP Products Announce New Partnership in BC

    Elec-Tech Sales Ltd. and CMP Products Announce New Partnership in BC

    In a recent announcement, Elec-Tech Sales Ltd. was excited to announce is new partnership with CMP Products in British Columbia. “We are looking forward to expanding the CMP footprint throughout the province on their comprehensive portfolio of cable glands & cable cleats. Please reach out to our team with any inquiries,” the company said. Read More…

Peers & Profiles

Copper US Dollar Price Per Pound