Newfoundland and Labrador office construction price index.
107.8 in Q2 2026 against 2023 = 100. +3.3% 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 | 107.8 | +7.8% |
| Q1 2026 | 106.8 | +6.8% |
| Q4 2025 | 105.6 | +5.6% |
| Q3 2025 | 104.9 | +4.9% |
| Q2 2025 | 104.4 | +4.4% |
| Q1 2025 | 103.1 | +3.1% |
| Q4 2024 | 102.2 | +2.2% |
| Q3 2024 | 102.1 | +2.1% |
| Q2 2024 | 101.6 | +1.6% |
| Q1 2024 | 101.1 | +1.1% |
| Q4 2023 | 100.9 | +0.9% |
| Q3 2023 | 100.5 | +0.5% |
| Q2 2023 | 99.9 | -0.1% |
| Q1 2023 | 98.7 | -1.3% |
| Q4 2022 | 98.0 | -2.0% |
| Q3 2022 | 97.8 | -2.2% |
| Q2 2022 | 95.8 | -4.2% |
| Q1 2022 | 94.5 | -5.5% |
| Q4 2021 | 93.3 | -6.7% |
| Q3 2021 | 91.6 | -8.4% |
| Q2 2021 | 89.9 | -10.1% |
| Q1 2021 | 86.2 | -13.8% |
| Q4 2020 | 85.5 | -14.5% |
| Q3 2020 | 85.6 | -14.4% |
| Q2 2020 | 85.3 | -14.7% |
| Q1 2020 | 85.5 | -14.5% |
| Q4 2019 | 85.2 | -14.8% |
| Q3 2019 | 85.2 | -14.8% |
| Q2 2019 | 84.9 | -15.1% |
| Q1 2019 | 84.8 | -15.2% |
| Q4 2018 | 84.9 | -15.1% |
| Q3 2018 | 84.8 | -15.2% |
| Q2 2018 | 84.4 | -15.6% |
| Q1 2018 | 84.1 | -15.9% |
| Q4 2017 | 83.8 | -16.2% |
| Q3 2017 | 83.5 | -16.5% |
| Q2 2017 | 83.5 | -16.5% |
| Q1 2017 | 83.3 | -16.7% |
Questions
Scope of this index.
How much has office construction cost changed in Newfoundland and Labrador?
The index stood at 107.8 in Q2 2026 against 2023 = 100: +3.3% over one year, +19.9% over five. The series for Newfoundland and Labrador 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.