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Non-residential Building Construction Price Index

Non-residential Building Construction Price Index

The composite price index for non-residential building construction increased by 0.4% in the fourth quarter compared with the previous quarter. This was the third consecutive quarterly increase. All of the seven census metropolitan areas (CMAs) surveyed reported quarterly increases between 0.1% and 1.0%. Montréal (+1.0%) recorded the largest gain. Year over year, the composite price index for non-residential building construction was up 1.7%. Of the CMAs surveyed, Edmonton (+5.8%) and Ottawa–Gatineau, Ontario part (+4.7%) recorded the largest increases while Calgary (-0.3%) recorded the only decrease. Note: This release presents data that are not seasonally adjusted and the indexes published are subject to a one quarter revision period after dissemination of a given quarter's data. The non-residential building construction price indexes for first quarter of 2011 will be released on May 17.

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Québec Landlords Association (1)

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