COMMERCIALLY.caOfficeBuildings.ca
OfficeBuildings.ca / Provincial office construction cost
Provincial office construction cost

Nova Scotia office construction price index.

108.4 in Q2 2026 against 2023 = 100. +3.6% over the year.

Index108.4
Quarterly change+0.8%
Annual change+3.6%
Five-year change+23.9%
Ten-year change—
Quarters published38

Trend

Q1 2017 to Q2 2026. The dashed line is the 2023 base.

7080901001102017201820192020202120222023202420252026108.4

Quarterly history

Every published quarter, newest first.

38 quarters
QuarterIndexRelative to 2023
Q2 2026108.4+8.4%
Q1 2026107.5+7.5%
Q4 2025105.7+5.7%
Q3 2025105.1+5.1%
Q2 2025104.6+4.6%
Q1 2025103.7+3.7%
Q4 2024102.8+2.8%
Q3 2024102.5+2.5%
Q2 2024102.0+2.0%
Q1 2024101.5+1.5%
Q4 2023101.2+1.2%
Q3 2023100.4+0.4%
Q2 2023100.1+0.1%
Q1 202398.3-1.7%
Q4 202297.4-2.6%
Q3 202296.3-3.7%
Q2 202295.0-5.0%
Q1 202293.5-6.5%
Q4 202191.3-8.7%
Q3 202189.4-10.6%
Q2 202187.5-12.5%
Q1 202184.6-15.4%
Q4 202084.0-16.0%
Q3 202083.4-16.6%
Q2 202082.8-17.2%
Q1 202082.3-17.7%
Q4 201981.9-18.1%
Q3 201981.8-18.2%
Q2 201981.5-18.5%
Q1 201981.2-18.8%
Q4 201880.9-19.1%
Q3 201880.1-19.9%
Q2 201878.8-21.2%
Q1 201877.9-22.1%
Q4 201777.6-22.4%
Q3 201777.2-22.8%
Q2 201776.5-23.5%
Q1 201775.7-24.3%

Questions

Scope of this index.

How much has office construction cost changed in Nova Scotia?

The index stood at 108.4 in Q2 2026 against 2023 = 100: +3.6% over one year, +23.9% over five. The series for Nova Scotia 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.