Building construction price indexes (BCPI), percent change, by type of building and construction division. Quarterly data are available from the first quarter of 1982. The table presents quarter-over-quarter and year-over-year percentage changes for various aggregation levels. The base period for the index is (2017=100).

Between 2022 and 2025, the construction price of residential and non-residential buildings in Canada has grown at the same pace. The price of both types of buildings was roughly ***** percent higher in the last quarter of 2025 than in 2024, which is the year when the index base was set at 100. Nevertheless, that only considers the cost of buildings in 15 selected metropolitan areas in Canada. Toronto was by far the metropolitan region with the highest construction costs in Canada.

What determines construction costs? The growth rate of the construction price of different types of buildings tends to follow similar trends to some extent. For example, price growth rates in Canada for most types of buildings were more moderate in 2024 than in previous years. However, those figures show a lot of disparity, with the cost of building a high rise apartment building growing much faster than that of other types of buildings. This might be because the construction costs depend on elements such as the location, materials, and complexity of the building, which tend to be quite different for each type of building.

Lumber building materials in Canada In 2024, Canada was the world’s second-largest exporter of wood building materials such as veneer sheets, parquet flooring, particleboard, laminated wood, and builders’ joinery and carpentry. Forestry, logging, and processing wood into ready-to-use materials are important industries in the Canadian economy. High price growth rates of building materials impact negatively the construction industry as their activities become more expensive. However, the forestry and logging industry benefited from the cost of lumber rising in 2020 and 2021. In the past years, the price of lumber, however, has fallen again.

Archived - Non-residential building construction price index (NRBCPI), type of building of major subtrade groups. Quarterly Data are available from the first quarter 1981. The table presents data for the most recent reference period and the last four periods. The base period for the index is (2002=100).

Ontario's construction costs 2023, by building type Published by Fernando de Querol Cumbrera, Dec 10, 2024 Ambulatory healthcare was the type of building with the highest construction costs in Ontario (Canada) in 2023. The cost of that type of building ranged from 7,110 to 8,750 Canadian dollars per square meter. Townhouses with mid-end specifications were, along with warehouses, among the cheapest buildings to construct, even though the townhouse sale price in Canada was much higher in 2023 than in a decade earlier. On the other side of the residential spectrum, the construction cost of high-rise buildings with mid-end specifications could reach up to 5,370 Canadian dollars per square meter. The housing sector in Ontario The fast population growth in Toronto, the main city in Ontario, has put pressure on its housing market. From 2001 to 2022, the number of people living in Canada’s largest city increased by over 37 percent. During the past years, house prices in Ontario rose at a similarly fast pace. Combined, these elements signal a strong demand for homes in Toronto and Ontario as a whole. The construction sector has responded to this trend: In 2022, most housing starts in Canada took place in the province of Ontario. That same year, EllisDon Corporation, with headquarters in Mississauga (Ontario), was the second-largest contractor in Canada. One of its largest residential/mixed-use projects under development is the 489-539 King St. West Development, in Toronto. Construction cost in North America Building construction costs in Quebec, the second most populous province in Canada after Ontario, had a similar cost range: Ambulatory healthcare buildings were the most expensive, and warehouses were the cheapest to build. However, enclosed malls and higher education buildings were significantly more expensive in Quebec than in Ontario. Across the border, the cities with the highest residential construction costs in the U.S. were San Francisco for multi-family housing, and New York City for single-family housing. Meanwhile, Los Angeles, San Francisco, and New York had the highest hotel construction costs in the U.S.

Wood, plastics, and composites were the construction components that were responsible for the largest share of the residential construction costs in Quebec, Ontario, and Alberta. Meanwhile, concrete constituted ***** percent of the construction costs of residential buildings in British Columbia, with that share only amounting to **** percent in Alberta.

Canada Construction Price Index: Non Residential Building: Structures: Institutional data was reported at 153.100 1997=100 in 2007. This records an increase from the previous number of 140.600 1997=100 for 2006. Canada Construction Price Index: Non Residential Building: Structures: Institutional data is updated yearly, averaging 130.800 1997=100 from Dec 2003 (Median) to 2007, with 5 observations. The data reached an all-time high of 153.100 1997=100 in 2007 and a record low of 116.800 1997=100 in 2003. Canada Construction Price Index: Non Residential Building: Structures: Institutional data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.EA015: Construction Price Index: 1997=100.

Building construction price indexes (BCPI) by type of building. Quarterly data are available from the second quarter of 1982. The table presents quarter-over-quarter and year-over-year percentage changes for various aggregation levels. The base period for the index is (2017=100).

In 2024, the construction prices of non-residential buildings reached growth rates of over five percent in several Canadian cities. That same year, construction costs for commercial buildings in Victoria grew by 7.4 percent in 2024, and by 5.15 percent in Quebec. However, most cities had lower construction cost growth rates than in the previous year. The residential construction costs in these Canadian cities also increased that year.

This table contains 192 series, with data for years 1956 - 1993 (not all combinations necessarily have data for all years), and was last released on 2007-04-13. This table contains data described by the following dimensions (Not all combinations are available): Geography (10 items: Canada; Nova Scotia; New Brunswick; Newfoundland and Labrador ...), Type of construction (4 items: Total; all types of construction; Grading; Granular base courses; Paving ...), Highway construction price indexes (3 items: Total; contract work and materials; All contract work; All materials supplied ...), Index base period (3 items: 1986=100;1981=100;1971=100 ...).

Canada Construction Price Index: Apartment Building: Ottawa Gatineau, Ontario Part data was reported at 149.500 1997=100 in 2007. This records an increase from the previous number of 142.400 1997=100 for 2006. Canada Construction Price Index: Apartment Building: Ottawa Gatineau, Ontario Part data is updated yearly, averaging 135.200 1997=100 from Dec 2003 (Median) to 2007, with 5 observations. The data reached an all-time high of 149.500 1997=100 in 2007 and a record low of 122.000 1997=100 in 2003. Canada Construction Price Index: Apartment Building: Ottawa Gatineau, Ontario Part data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.EA015: Construction Price Index: 1997=100.

Canada Construction Price Index: Non Residential: Commercial: Warehouse: Ottawa-Gatineau, Ontario Part data was reported at 106.300 2023=100 in Mar 2025. This records an increase from the previous number of 105.600 2023=100 for Dec 2024. Canada Construction Price Index: Non Residential: Commercial: Warehouse: Ottawa-Gatineau, Ontario Part data is updated quarterly, averaging 36.200 2023=100 from Mar 1981 (Median) to Mar 2025, with 177 observations. The data reached an all-time high of 106.300 2023=100 in Mar 2025 and a record low of 17.900 2023=100 in Mar 1981. Canada Construction Price Index: Non Residential: Commercial: Warehouse: Ottawa-Gatineau, Ontario Part data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.EA011: Construction Price Index: 2023=100.

This table contains 32 series, with data for years 1981 - 2008 (not all combinations necessarily have data for all years), and was last released on 2009-02-13. This table contains data described by the following dimensions (Not all combinations are available): Geography (8 items: Seven census metropolitan area composite; Montréal; Quebec; Ottawa-Gatineau; Ontario part; Ontario/Quebec; Halifax; Nova Scotia ...), Class of structure (4 items: Total; non-residential building construction; Total; institutional structures; Total; industrial structures; Total; commercial structures ...).

This table contains 216 series, with data for years 1981 - 2008 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (8 items: Seven census metropolitan area composite; Ottawa-Gatineau; Ontario part; Ontario/Quebec; Montréal; Quebec; Halifax; Nova Scotia ...), Type of building (6 items: Office; Warehouse; Shopping centre ...), Major sub-trade group (5 items: Total; major sub-trade groups; Mechanical trades; Structural trades; Architectural trades ...).

This table contains 360 series, with data for years 1981 - 1997 (not all combinations necessarily have data for all years), and was last released on 2000-02-18. This table contains data described by the following dimensions (Not all combinations are available): Geography (8 items: Seven metropolitan area composite; Ottawa; Ontario; Montréal; Quebec; Halifax; Nova Scotia ...), Type of building (5 items: Office building; Factory building; Shopping centre; Warehouse ...), Major sub-trade group (5 items: Total; major sub-trade groups; Mechanical trades; Structural trades; Architectural trades ...), Index base period (2 items: 1986=100;1981=100 ...).

This table contains 32 series, with data for years 1981 - 2008 (not all combinations necessarily have data for all years), and was last released on 2009-02-13. This table contains data described by the following dimensions (Not all combinations are available): Geography (8 items: Seven census metropolitan area composite; Montréal; Quebec; Ottawa-Gatineau; Ontario part; Ontario/Quebec; Halifax; Nova Scotia ...), Class of structure (4 items: Total; non-residential building construction; Total; institutional structures; Total; industrial structures; Total; commercial structures ...).

In 2024, there were more new home construction starts in Canada than in the previous year. Construction starts peaked in 2021, when there were ******* housing units whose construction started that year. Despite the restrictions imposed in Canada during the COVID-19 pandemic, the industry managed to continue operating, with increases in the number of housing starts in 2020 and 2021. How many homes are under development? In 2023, the number of housing units that were under construction in Canada was approximately ******** units. After a period of stagnation until 2016, the housing industry witnessed a significant surge in construction activity. Numerous factors are attributed to this rise, including the heightened demand for housing, an expanding economy that encouraged investment, and the response to the shortage of housing. How expensive are homes in Canada? In 2024, the average cost of a house in Canada was around ******* Canadian dollars. The average house price had increased that year by ****** Canadian dollars compared in 2024 compared to the previous year. The house price-to-income ratio in Canada increased slightly in the third quarter of 2024.

A dataset comparing stick-built homes and prefab homes in Ontario across cost, build timeline, energy efficiency, customization, financing options, and sustainability.

Canada Construction Price Index: CU: Ottawa Gatineau, Ontario Part data was reported at 142.700 1992=100 in 2008. This records an increase from the previous number of 141.100 1992=100 for 2007. Canada Construction Price Index: CU: Ottawa Gatineau, Ontario Part data is updated yearly, averaging 135.400 1992=100 from Dec 2003 (Median) to 2008, with 6 observations. The data reached an all-time high of 142.700 1992=100 in 2008 and a record low of 128.300 1992=100 in 2003. Canada Construction Price Index: CU: Ottawa Gatineau, Ontario Part data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.G: Union Wage Rate Index: Construction: 1992=100.

Canada Construction Price Index: Residential: Apartment: High Rise: Ottawa-Gatineau, Ontario Part data was reported at 105.100 2023=100 in Mar 2025. This records an increase from the previous number of 104.500 2023=100 for Dec 2024. Canada Construction Price Index: Residential: Apartment: High Rise: Ottawa-Gatineau, Ontario Part data is updated quarterly, averaging 53.000 2023=100 from Mar 1988 (Median) to Mar 2025, with 149 observations. The data reached an all-time high of 105.100 2023=100 in Mar 2025 and a record low of 29.500 2023=100 in Mar 1988. Canada Construction Price Index: Residential: Apartment: High Rise: Ottawa-Gatineau, Ontario Part data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.EA011: Construction Price Index: 2023=100.

Canada CA: Construction Price Index: Office: Ottawa Gatineau, Ontario Part data was reported at 165.300 2002=100 in Dec 2017. This records an increase from the previous number of 163.500 2002=100 for Sep 2017. Canada CA: Construction Price Index: Office: Ottawa Gatineau, Ontario Part data is updated quarterly, averaging 90.500 2002=100 from Mar 1981 (Median) to Dec 2017, with 148 observations. The data reached an all-time high of 165.300 2002=100 in Dec 2017 and a record low of 47.700 2002=100 in Mar 1981. Canada CA: Construction Price Index: Office: Ottawa Gatineau, Ontario Part data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.EA013: Construction Price Index: 2002=100.