New Brunswick office construction price index.
114.0 in Q2 2026 against 2023 = 100. +4.6% 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 | 114.0 | +14.0% |
| Q1 2026 | 112.5 | +12.5% |
| Q4 2025 | 111.2 | +11.2% |
| Q3 2025 | 109.9 | +9.9% |
| Q2 2025 | 109.0 | +9.0% |
| Q1 2025 | 107.7 | +7.7% |
| Q4 2024 | 106.1 | +6.1% |
| Q3 2024 | 105.7 | +5.7% |
| Q2 2024 | 105.2 | +5.2% |
| Q1 2024 | 103.8 | +3.8% |
| Q4 2023 | 102.9 | +2.9% |
| Q3 2023 | 101.4 | +1.4% |
| Q2 2023 | 99.8 | -0.2% |
| Q1 2023 | 95.9 | -4.1% |
| Q4 2022 | 93.0 | -7.0% |
| Q3 2022 | 89.9 | -10.1% |
| Q2 2022 | 88.2 | -11.8% |
| Q1 2022 | 84.5 | -15.5% |
| Q4 2021 | 83.4 | -16.6% |
| Q3 2021 | 81.2 | -18.8% |
| Q2 2021 | 78.0 | -22.0% |
| Q1 2021 | 76.6 | -23.4% |
| Q4 2020 | 76.7 | -23.3% |
| Q3 2020 | 77.1 | -22.9% |
| Q2 2020 | 76.6 | -23.4% |
| Q1 2020 | 76.1 | -23.9% |
| Q4 2019 | 75.9 | -24.1% |
| Q3 2019 | 75.7 | -24.3% |
| Q2 2019 | 75.3 | -24.7% |
| Q1 2019 | 75.0 | -25.0% |
| Q4 2018 | 74.8 | -25.2% |
| Q3 2018 | 73.4 | -26.6% |
| Q2 2018 | 72.5 | -27.5% |
| Q1 2018 | 71.6 | -28.4% |
| Q4 2017 | 71.5 | -28.5% |
| Q3 2017 | 71.1 | -28.9% |
| Q2 2017 | 71.0 | -29.0% |
| Q1 2017 | 70.9 | -29.1% |
Questions
Scope of this index.
How much has office construction cost changed in New Brunswick?
The index stood at 114.0 in Q2 2026 against 2023 = 100: +4.6% over one year, +46.2% over five. The series for New Brunswick 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.