Non-residential Building Construction Prices Rise 0.8% in Q2

Chart, Non-residential Building Construction Price Index Q2 2017

 August 9, 2017

Contractors’ prices for new non-residential building construction rose 0.8% in the second quarter compared with the previous quarter. This was the seventh consecutive quarterly increase.

Prices for new non-residential building construction were up in six of the seven surveyed census metropolitan areas (CMAs). Prices rose the most in Vancouver (+1.3%) and Montreal (+1.2%). Contractors in both CMAs reported higher costs to complete the structural components of new buildings due to the favorable local market conditions and a high demand for skilled labour.

Contractors in Edmonton saw no change in their prices for new non-residential building construction in the second quarter.

Year-over-year change

Year over year, contractors’ prices for new non-residential building construction increased 2.7%, led by higher prices in Vancouver (+6.0%).

Contractors working in Edmonton (+0.2%) and Calgary (+1.2%) reported the first year-over-year price increases for new non-residential building construction since the fourth quarter of 2014 and first quarter of 2015 respectively.

Source: Statistics Canada, http://www.statcan.gc.ca/daily-quotidien/170808/dq170808b-eng.htm

Related Articles

Changing Scene

  • CSA Group Receives Greater Toronto’s Top Employers Award for 10th Consecutive Year

    CSA Group Receives Greater Toronto’s Top Employers Award for 10th Consecutive Year

    For the tenth consecutive year, CSA Group has been awarded as one of Greater Toronto’s Top Employers for 2026 by Mediacorp Canada Inc. This milestone reflects CSA Group’s continued commitment to fostering a workplace culture that supports employee wellbeing, professional growth, and community engagement. CSA Group’s global headquarters, located in Toronto, offers employees a range… Read More…

  • ABB Awarded Platinum Medal by EcoVadis for Outstanding Sustainability Performance

    ABB Awarded Platinum Medal by EcoVadis for Outstanding Sustainability Performance

    ABB has been awarded the Platinum medal from EcoVadis with a score of 84 out of a possible 100 points, placing the company among the top one percent of 130,000 companies assessed worldwide. EcoVadis is a trusted provider of business sustainability ratings offering a standardized, data-driven framework that allows companies to compare supplier performance. ABB… Read More…

Peers & Profiles

Copper US Dollar Price Per Pound