Alberta office construction price index.
112.5 in Q2 2026 against 2023 = 100. +3.6% over the year.
Trend
Q1 2017 to Q2 2026. The dashed line is the 2023 base.
Quarterly history
Every published quarter, newest first.
38 quarters
| Quarter | Index | Relative to 2023 |
|---|---|---|
| Q2 2026 | 112.5 | +12.5% |
| Q1 2026 | 111.2 | +11.2% |
| Q4 2025 | 109.9 | +9.9% |
| Q3 2025 | 109.4 | +9.4% |
| Q2 2025 | 108.6 | +8.6% |
| Q1 2025 | 107.2 | +7.2% |
| Q4 2024 | 106.0 | +6.0% |
| Q3 2024 | 105.8 | +5.8% |
| Q2 2024 | 104.7 | +4.7% |
| Q1 2024 | 103.4 | +3.4% |
| Q4 2023 | 101.4 | +1.4% |
| Q3 2023 | 100.6 | +0.6% |
| Q2 2023 | 99.5 | -0.5% |
| Q1 2023 | 98.5 | -1.5% |
| Q4 2022 | 97.4 | -2.6% |
| Q3 2022 | 96.6 | -3.4% |
| Q2 2022 | 94.7 | -5.3% |
| Q1 2022 | 92.4 | -7.6% |
| Q4 2021 | 90.3 | -9.7% |
| Q3 2021 | 88.4 | -11.6% |
| Q2 2021 | 86.5 | -13.5% |
| Q1 2021 | 83.9 | -16.1% |
| Q4 2020 | 83.7 | -16.3% |
| Q3 2020 | 83.9 | -16.1% |
| Q2 2020 | 83.9 | -16.1% |
| Q1 2020 | 84.2 | -15.8% |
| Q4 2019 | 83.8 | -16.2% |
| Q3 2019 | 83.8 | -16.2% |
| Q2 2019 | 83.6 | -16.4% |
| Q1 2019 | 83.6 | -16.4% |
| Q4 2018 | 83.1 | -16.9% |
| Q3 2018 | 82.6 | -17.4% |
| Q2 2018 | 81.8 | -18.2% |
| Q1 2018 | 81.3 | -18.7% |
| Q4 2017 | 80.9 | -19.1% |
| Q3 2017 | 80.6 | -19.4% |
| Q2 2017 | 80.4 | -19.6% |
| Q1 2017 | 80.2 | -19.8% |
Questions
Scope of this index.
How much has office construction cost changed in Alberta?
The index stood at 112.5 in Q2 2026 against 2023 = 100: +3.6% over one year, +30.1% over five. The series for Alberta begins in Q1 2017, so a ten-year change is not available.
Is this a cost per square foot?
No. It is a price index for a fixed model office building. It measures how much prices moved, not what any project costs.
Source: Statistics Canada, table 18-10-0289-01, Building construction price indexes, by type of building and division. Released 2026-07-24. Statistics Canada Open Licence.
Boundary: This is a price index for a fixed model building, not a dollar figure, not a cost per square foot and not a construction quote. An index of 111 means prices 11% above the base period for that model building, not that a particular project will cost that much more. Divisions are published from Q1 2017 only.