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Growth rate of residential and non-residential building construction costs in metropolitan areas of Canada from 2018 to first half of 2025

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Sources

Release date

July 2025

Region

Canada

Survey time period

2018 to 1st half 2025

Special properties

Figures are a composite of 15 metropolitan areas.

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.

Annual figures calculated as a share of the quarterly data provided by Statistics Canada. 

Adapted from Statistics Canada, statcan.gc.ca, 1st quarter 2017 to 2nd quarter 2025. This does not constitute an endorsement by Statistics Canada of this product.

Citation formats

Growth rate of residential and non-residential construction costs in Canada 2018-2025

Published by ÌÇÐÄÆƽâ°æ Research Department, Aug 13, 2025

In the first half of 2025, the construction costs of non-residential buildings were **** percent higher than in 2024, while residential construction costs increased by **** percent during the same period. Construction costs for both types of buildings increased significantly between 2021 and 2024, but did so at a slower pace in the past years. 

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