Montréal office construction price index.
112.8 in Q2 2026 against 2023 = 100. +4.6% over the year.
Trend
Q1 1981 to Q2 2026. The dashed line is the 2023 base.
Fit-out trades
By MasterFormat division, ranked by annual change. Published from Q1 2017.
| Trade division | Index | Annual change | Five-year change | Since |
|---|---|---|---|---|
| Conveying equipment | 123.0 | +11.1% | +42.7% | Q1 2017 |
| Plumbing | 124.1 | +7.4% | +47.4% | Q1 2017 |
| Heating, ventilation and air conditioning | 116.3 | +5.4% | +31.3% | Q1 2017 |
| Communications | 112.4 | +3.4% | +29.0% | Q1 2017 |
| Electrical | 110.8 | +2.7% | +20.6% | Q1 2017 |
| Finishes | 107.5 | +2.6% | +30.9% | Q1 2017 |
| Openings | 108.4 | +1.5% | +28.7% | Q1 2017 |
| Fire Suppression | 103.0 | -3.4% | +23.1% | Q1 2017 |
Quarterly history
Every published quarter, newest first.
182 quarters
| Quarter | Index | Relative to 2023 |
|---|---|---|
| Q2 2026 | 112.8 | +12.8% |
| Q1 2026 | 110.5 | +10.5% |
| Q4 2025 | 109.6 | +9.6% |
| Q3 2025 | 108.9 | +8.9% |
| Q2 2025 | 107.8 | +7.8% |
| Q1 2025 | 105.0 | +5.0% |
| Q4 2024 | 103.3 | +3.3% |
| Q3 2024 | 102.6 | +2.6% |
| Q2 2024 | 102.4 | +2.4% |
| Q1 2024 | 101.5 | +1.5% |
| Q4 2023 | 100.8 | +0.8% |
| Q3 2023 | 100.4 | +0.4% |
| Q2 2023 | 99.9 | -0.1% |
| Q1 2023 | 98.9 | -1.1% |
| Q4 2022 | 97.7 | -2.3% |
| Q3 2022 | 96.8 | -3.2% |
| Q2 2022 | 95.2 | -4.8% |
| Q1 2022 | 92.3 | -7.7% |
| Q4 2021 | 89.3 | -10.7% |
| Q3 2021 | 87.2 | -12.8% |
| Q2 2021 | 85.4 | -14.6% |
| Q1 2021 | 82.3 | -17.7% |
| Q4 2020 | 80.9 | -19.1% |
| Q3 2020 | 80.8 | -19.2% |
| Q2 2020 | 79.7 | -20.3% |
| Q1 2020 | 79.1 | -20.9% |
| Q4 2019 | 78.4 | -21.6% |
| Q3 2019 | 77.7 | -22.3% |
| Q2 2019 | 77.1 | -22.9% |
| Q1 2019 | 76.2 | -23.8% |
| Q4 2018 | 75.6 | -24.4% |
| Q3 2018 | 74.7 | -25.3% |
| Q2 2018 | 73.3 | -26.7% |
| Q1 2018 | 72.3 | -27.7% |
| Q4 2017 | 71.7 | -28.3% |
| Q3 2017 | 71.0 | -29.0% |
| Q2 2017 | 70.5 | -29.5% |
| Q1 2017 | 69.8 | -30.2% |
| Q4 2016 | 69.1 | -30.9% |
| Q3 2016 | 68.5 | -31.5% |
| Q2 2016 | 68.5 | -31.5% |
| Q1 2016 | 67.7 | -32.3% |
| Q4 2015 | 67.6 | -32.4% |
| Q3 2015 | 67.0 | -33.0% |
| Q2 2015 | 67.5 | -32.5% |
| Q1 2015 | 67.1 | -32.9% |
| Q4 2014 | 67.0 | -33.0% |
| Q3 2014 | 66.8 | -33.2% |
| Q2 2014 | 66.8 | -33.2% |
| Q1 2014 | 66.5 | -33.5% |
| Q4 2013 | 66.0 | -34.0% |
| Q3 2013 | 65.9 | -34.1% |
| Q2 2013 | 66.0 | -34.0% |
| Q1 2013 | 65.9 | -34.1% |
| Q4 2012 | 65.8 | -34.2% |
| Q3 2012 | 65.4 | -34.6% |
| Q2 2012 | 65.4 | -34.6% |
| Q1 2012 | 65.2 | -34.8% |
| Q4 2011 | 64.9 | -35.1% |
| Q3 2011 | 64.7 | -35.3% |
| Q2 2011 | 63.9 | -36.1% |
| Q1 2011 | 63.5 | -36.5% |
| Q4 2010 | 62.9 | -37.1% |
| Q3 2010 | 62.5 | -37.5% |
| Q2 2010 | 62.2 | -37.8% |
| Q1 2010 | 61.6 | -38.4% |
| Q4 2009 | 61.9 | -38.1% |
| Q3 2009 | 61.8 | -38.2% |
| Q2 2009 | 61.3 | -38.7% |
| Q1 2009 | 61.4 | -38.6% |
| Q4 2008 | 61.4 | -38.6% |
| Q3 2008 | 60.8 | -39.2% |
| Q2 2008 | 59.4 | -40.6% |
| Q1 2008 | 58.0 | -42.0% |
| Q4 2007 | 56.6 | -43.4% |
| Q3 2007 | 56.0 | -44.0% |
| Q2 2007 | 55.9 | -44.1% |
| Q1 2007 | 54.3 | -45.7% |
| Q4 2006 | 54.2 | -45.8% |
| Q3 2006 | 53.8 | -46.2% |
| Q2 2006 | 53.3 | -46.7% |
| Q1 2006 | 52.8 | -47.2% |
| Q4 2005 | 52.4 | -47.6% |
| Q3 2005 | 51.8 | -48.2% |
| Q2 2005 | 51.2 | -48.8% |
| Q1 2005 | 50.4 | -49.6% |
| Q4 2004 | 50.4 | -49.6% |
| Q3 2004 | 50.1 | -49.9% |
| Q2 2004 | 48.8 | -51.2% |
| Q1 2004 | 48.1 | -51.9% |
| Q4 2003 | 47.4 | -52.6% |
| Q3 2003 | 47.5 | -52.5% |
| Q2 2003 | 46.9 | -53.1% |
| Q1 2003 | 46.7 | -53.3% |
| Q4 2002 | 46.5 | -53.5% |
| Q3 2002 | 46.0 | -54.0% |
| Q2 2002 | 46.0 | -54.0% |
| Q1 2002 | 45.7 | -54.3% |
| Q4 2001 | 45.6 | -54.4% |
| Q3 2001 | 45.0 | -55.0% |
| Q2 2001 | 45.0 | -55.0% |
| Q1 2001 | 44.6 | -55.4% |
| Q4 2000 | 44.6 | -55.4% |
| Q3 2000 | 44.6 | -55.4% |
| Q2 2000 | 44.3 | -55.7% |
| Q1 2000 | 43.6 | -56.4% |
| Q4 1999 | 43.1 | -56.9% |
| Q3 1999 | 42.4 | -57.6% |
| Q2 1999 | 42.1 | -57.9% |
| Q1 1999 | 41.8 | -58.2% |
| Q4 1998 | 41.8 | -58.2% |
| Q3 1998 | 41.6 | -58.4% |
| Q2 1998 | 41.4 | -58.6% |
| Q1 1998 | 41.3 | -58.7% |
| Q4 1997 | 41.1 | -58.9% |
| Q3 1997 | 41.0 | -59.0% |
| Q2 1997 | 40.8 | -59.2% |
| Q1 1997 | 40.0 | -60.0% |
| Q4 1996 | 39.8 | -60.2% |
| Q3 1996 | 39.7 | -60.3% |
| Q2 1996 | 39.7 | -60.3% |
| Q1 1996 | 39.6 | -60.4% |
| Q4 1995 | 39.5 | -60.5% |
| Q3 1995 | 39.3 | -60.7% |
| Q2 1995 | 39.2 | -60.8% |
| Q1 1995 | 39.0 | -61.0% |
| Q4 1994 | 38.2 | -61.8% |
| Q3 1994 | 38.0 | -62.0% |
| Q2 1994 | 37.9 | -62.1% |
| Q1 1994 | 37.6 | -62.4% |
| Q4 1993 | 37.6 | -62.4% |
| Q3 1993 | 37.5 | -62.5% |
| Q2 1993 | 37.4 | -62.6% |
| Q1 1993 | 37.3 | -62.7% |
| Q4 1992 | 37.3 | -62.7% |
| Q3 1992 | 37.3 | -62.7% |
| Q2 1992 | 38.6 | -61.4% |
| Q1 1992 | 38.3 | -61.7% |
| Q4 1991 | 38.2 | -61.8% |
| Q3 1991 | 38.0 | -62.0% |
| Q2 1991 | 38.2 | -61.8% |
| Q1 1991 | 38.3 | -61.7% |
| Q4 1990 | 39.5 | -60.5% |
| Q3 1990 | 39.5 | -60.5% |
| Q2 1990 | 39.7 | -60.3% |
| Q1 1990 | 39.0 | -61.0% |
| Q4 1989 | 38.6 | -61.4% |
| Q3 1989 | 38.4 | -61.6% |
| Q2 1989 | 38.2 | -61.8% |
| Q1 1989 | 37.5 | -62.5% |
| Q4 1988 | 37.2 | -62.8% |
| Q3 1988 | 36.7 | -63.3% |
| Q2 1988 | 36.3 | -63.7% |
| Q1 1988 | 35.7 | -64.3% |
| Q4 1987 | 35.3 | -64.7% |
| Q3 1987 | 35.0 | -65.0% |
| Q2 1987 | 34.8 | -65.2% |
| Q1 1987 | 33.8 | -66.2% |
| Q4 1986 | 33.5 | -66.5% |
| Q3 1986 | 33.1 | -66.9% |
| Q2 1986 | 32.7 | -67.3% |
| Q1 1986 | 32.2 | -67.8% |
| Q4 1985 | 32.0 | -68.0% |
| Q3 1985 | 31.7 | -68.3% |
| Q2 1985 | 31.5 | -68.5% |
| Q1 1985 | 30.9 | -69.1% |
| Q4 1984 | 30.8 | -69.2% |
| Q3 1984 | 30.5 | -69.5% |
| Q2 1984 | 30.2 | -69.8% |
| Q1 1984 | 30.2 | -69.8% |
| Q4 1983 | 30.1 | -69.9% |
| Q3 1983 | 29.8 | -70.2% |
| Q2 1983 | 29.6 | -70.4% |
| Q1 1983 | 29.3 | -70.7% |
| Q4 1982 | 29.8 | -70.2% |
| Q3 1982 | 29.7 | -70.3% |
| Q2 1982 | 29.2 | -70.8% |
| Q1 1982 | 28.8 | -71.2% |
| Q4 1981 | 28.0 | -72.0% |
| Q3 1981 | 27.0 | -73.0% |
| Q2 1981 | 25.6 | -74.4% |
| Q1 1981 | 24.8 | -75.2% |
Questions
Scope of this index.
How much has office construction cost changed in Montréal?
The index stood at 112.8 in Q2 2026 against 2023 = 100: +4.6% over one year, +32.1% over five and +64.7% over ten.
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.