Skip to main content

Apartment Building Construction Price Index (Second quarter 2010)

Apartment Building Construction Price Index (Second quarter 2010)

The composite price index for apartment building construction rose 1.3% in the second quarter compared with the previous quarter. The quarterly increase can be attributed mainly to higher labour costs and improved market conditions in the building construction market. This was the first quarterly increase since the third quarter of 2008.

The seven census metropolitan areas (CMAs) surveyed reported quarterly increases in the second quarter, with Edmonton (+3.3%) recording the largest quarterly gain.

Year over year, the composite price index for apartment building construction was down 0.6%. Of the CMAs surveyed, Vancouver (-3.2%) and Calgary (-2.3%) recorded the largest declines, while Ottawa–Gatineau, Ontario part (+3.2%), posted the largest increase.

About the author

Québec Landlords Association (1)

Join now

Not already member of the APQ ?

Take advantage of all our services by joining now

This site uses cookies in order to provide you with the best possible user experience. By continuing to browse this site, you agree to the use of cookies.