Issue 17-89: Apartment Building Construction Price Index

August 8, 2017

Prices for new apartment building construction in Vancouver rose 1.7% in the second quarter of 2017 compared with the previous quarter, and 6.9% compared to the second quarter of 2016. These were the largest increases seen in the seven Canadian metropolitan areas surveyed by Statistics Canada. The composite index created from the seven metro regions rose 1.0% in the second quarter of 2017, and 3.5% year-over-year.

Source: Statistics Canada, "Apartment Building Construction Price Index, second quarter 2017"