The Daily
|

Search The Daily

 In the news  Indicators  Releases by subject
 Special interest  Release schedule  Information

Apartment Building Construction Price Index, second quarter 2015

Warning View the most recent version.

Archived Content

Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject to the Government of Canada Web Standards and has not been altered or updated since it was archived. Please "contact us" to request a format other than those available.

Archived

This page has been archived on the Web.

Text CANSIM tables Related information Previous release PDF (134 KB)

Released: 2015-08-11

The composite price index for apartment building construction rose 0.5% in the second quarter compared with the previous quarter. This increase was the result of higher material prices and labour costs.

Of the seven census metropolitan areas (CMAs) surveyed, Ottawa–Gatineau, Ontario part (+0.8%) reported the largest increase, followed by Vancouver (+0.7%). Calgary (+0.3%) reported the smallest gain.

Year over year, the composite price index for apartment building construction was up 1.4%. Of the CMAs surveyed, Toronto (+2.0%) recorded the largest year-over-year increase, while Edmonton (+0.1%) and Calgary (+0.1%) recorded the smallest gains compared with the second quarter of 2014.

Table 1
Apartment Building Construction Price Index – Not seasonally adjusted

  Note to readers

The Apartment Building Construction Price Index is a quarterly series that measures changes in contractors' selling prices of new apartment building construction in seven census metropolitan areas: Halifax, Montréal, Ottawa–Gatineau (Ontario part), Toronto, Calgary, Edmonton and Vancouver.

Selling prices include costs of materials, labour, equipment, provincial sales taxes where applicable, and contractors' overhead and profit. The cost of land, land assembly, design and development as well as real estate fees are excluded. Value added taxes such as the Federal Goods and Services Tax, and the Harmonized Sales Tax are excluded.

With each release, data for the previous quarter may have been revised. The index is not seasonally adjusted.

With each second quarter data release, the annual weights of the index have been updated.

Next release

The Apartment Building Construction Price Index for the third quarter will be released on November 10.

Contact information

For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; infostats@statcan.gc.ca) or Media Relations (613-951-4636; statcan.mediahotline-ligneinfomedias.statcan@canada.ca).

Date modified: