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

  • Noramco Announces Samantha Boernsen as New Regional Sales Manager, Winnipeg

    Noramco Announces Samantha Boernsen as New Regional Sales Manager, Winnipeg

    Noramco invites you to join them in welcoming Samantha Boernsen as Regional Sales Manager, Winnipeg. Samantha brings a wealth of experience in the electrical industry, with a strong focus on lighting, marketing strategy, and customer engagement. She has built her career on connecting technical expertise with real-world application, making her a trusted partner to clients… Read More…

  • Noramco Announces Cary Pepper as New Regional Sales Manager – OEM, Mississauga

    Noramco Announces Cary Pepper as New Regional Sales Manager – OEM, Mississauga

    Noramco invites you to join them in welcoming Cary Pepper as Regional Sales Manager – OEM, Mississauga. Cary is a dynamic business leader with more than 24 years of experience driving growth and leading high-performing teams in competitive markets. She brings a proven track record of launching innovative products, consistently exceeding sales targets, and cultivating… Read More…

Peers & Profiles

Copper US Dollar Price Per Pound