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Residential construction price growth in Canadian cities

Trailing 12 months ending June 2026 14 of 16 markets published

What this measures

Change in the residential building construction price index (average of the four latest quarters versus the four before). Not published for every CMA.

The building construction price index measures contractors’ selling prices for new residential buildings. It is published quarterly and not for every CMA.

Ranked on this single metric only — no composite score.

Observations

  • Québec City ranks first at +9.8%, ahead of Regina at +8.8%.
  • 14 of 14 markets increased and 0 decreased; the lowest is Toronto at +0.9%.
  • The median across 14 ranked markets is +4.5%.
  • The gap between the fastest (Québec City, +9.8%) and slowest (Toronto, +0.9%) price growth is 8.9 percentage points.
  • Not published for Hamilton and Kitchener–Cambridge–Waterloo for this period; they are listed without a rank.

Residential construction price growth

Full table

Residential construction price growth by market, trailing 12 months ending June 2026, with supporting metrics
RankMarketPrice growthPermit growth, nominalPermit growth, real
1Québec City+9.8%+27.8%+18.8%
2Regina+8.8%+14.4%+8.2%
3Montréal+7.4%+10.0%+2.3%
4Victoria+6.3%−14.3%−15.9%
5London+5.9%+15.9%+13.3%
6Saskatoon+5.8%+17.5%+10.9%
7Winnipeg+4.6%+29.1%+23.5%
8Halifax+4.4%−10.9%−14.3%
9Ottawa–Gatineau+3.8%+2.5%−1.7%
10Edmonton+3.6%−10.4%−13.4%
11Moncton+2.6%−24.1%−25.9%
12Vancouver+1.7%−5.8%−7.5%
13Calgary+1.3%−8.1%−9.8%
14Toronto+0.9%−11.7%−12.6%
—HamiltonNot published−13.6%−15.4%
—Kitchener–Cambridge–WaterlooNot published+18.2%+15.5%
Permit growth, nominal:
Change in the value of residential building permits over the trailing 12 months versus the prior 12 months, in current dollars.
Permit growth, real:
The same change measured with Statistics Canada’s constant-dollar permit values, which remove construction-price change.

Sources and data period

Figures cover the trailing 12 months ending June 2026, the latest period published for all 16 markets. Source data retrieved through September 12, 2026. This page was built on November 8, 2026; the build date is not the data period. Values not published by the source are shown as “Not published”, never estimated.

Methodology, definitions and limitations

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    Construction Market Intelligence

    An independent publication built from official Statistics Canada and CMHC data. Current data: trailing 12 months ending June 2026.

    Contains information licensed under the Open Government Licence – Canada. Not affiliated with or endorsed by Statistics Canada or CMHC.