In 2023, concrete blocks and bricks were the construction materials with the highest price increase in Canada. The average price of that product was over 15.6 percent higher in 2023 than in the previous year. Meanwhile, the price of lumber and other sawmill products decreased in 2023, after its price soared in 2020 and 2021. Due to inflation, supply chain disruptions, and other problems, the price for most construction materials increased very significantly in 2021 and 2022.
Annual growth rate of the price of selected construction goods and materials in Canada from 2011 to 2023
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Statista. (June 11, 2024). Annual growth rate of the price of selected construction goods and materials in Canada from 2011 to 2023 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1310831/construction-goods-and-materials-price-change-canada/
Statista. "Annual growth rate of the price of selected construction goods and materials in Canada from 2011 to 2023." Chart. June 11, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1310831/construction-goods-and-materials-price-change-canada/
Statista. (2024). Annual growth rate of the price of selected construction goods and materials in Canada from 2011 to 2023. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1310831/construction-goods-and-materials-price-change-canada/
Statista. "Annual Growth Rate of The Price of Selected Construction Goods and Materials in Canada from 2011 to 2023." Statista, Statista Inc., 11 Jun 2024, https://www.statista.com/statistics/1310831/construction-goods-and-materials-price-change-canada/
Statista, Annual growth rate of the price of selected construction goods and materials in Canada from 2011 to 2023 Statista, https://www.statista.com/statistics/1310831/construction-goods-and-materials-price-change-canada/ (last visited December 21, 2024)
Annual growth rate of the price of selected construction goods and materials in Canada from 2011 to 2023 [Graph], Statista, June 11, 2024. [Online]. Available: https://www.statista.com/statistics/1310831/construction-goods-and-materials-price-change-canada/
