Growth rate of building construction prices in Canada 2018-2023, by type of building

Published by
Fernando de Querol Cumbrera,
Jun 11, 2024
High-rise apartments with five floors or more were the buildings with the highest construction price increase in Canada in 2023. On the other side of the spectrum, the price of building a school was well below the average for eleven metropolitan areas across the country in the past years. In 2021 and 2022, the construction of several types of buildings saw two-figure growth rates.

Annual growth rate of building construction prices in metropolitan areas of Canada from 2018 to 2023, by type of building

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Release date

June 2024

Region

Canada

Survey time period

2018 to 2023

Special properties

Composite of eleven metropolitan areas, see more in the details tab.

Supplementary notes

The data is a composite of eleven metropolitan areas, including: St. John's, Halifax, Moncton, Montréal, Ottawa-Gatineau, Toronto, Winnipeg, Saskatoon, Calgary, Edmonton, Vancouver.

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Construction industry in CanadaInfrastructure in the United StatesHousing market in CanadaResidential construction in the U.S.Construction costs in the U.S.
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