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Annual growth rate of residential building construction prices in selected cities in Canada from 2018 to 2024

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Release date

August 2025

Region

Canada

Survey time period

2018 to 2024

Citation formats

Growth rate of residential construction prices in selected cities Canada 2018-2024

Published by ÌÇÐÄÆƽâ°æ Research Department, Aug 4, 2025

Residential building construction prices increased in most major metropolitan areas in Canada in 2024. Nevertheless, those increases were lower than in 2021 and 2022, when the cost of building housing soared with two-figure growth rates in most of the cities included. Victoria was among the metropolitan areas in Canada with the highest growth rates in 2024, with the residential construction costs increasing by **** percent there.

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Statistics on " Construction in Canada "

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Other statistics that may interest you Construction in Canada

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Materials and equipment

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Infrastructure construction and investment

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Topics

Construction costs in CanadaConstruction industry in the U.S.Construction industry in CanadaConstruction costs in the U.S.Construction materials industry in the U.S.
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