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Office construction cost

Quebec City office construction price index.

117.0 in Q2 2026 against 2023 = 100. +5.7% over the year.

Index117.0
Quarterly change+2.4%
Annual change+5.7%
Five-year change—
Ten-year change—
Quarters published14

Trend

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

901001101202023202420252026117.0

Quarterly history

Every published quarter, newest first.

14 quarters
QuarterIndexRelative to 2023
Q2 2026117.0+17.0%
Q1 2026114.3+14.3%
Q4 2025112.7+12.7%
Q3 2025112.3+12.3%
Q2 2025110.7+10.7%
Q1 2025107.1+7.1%
Q4 2024105.4+5.4%
Q3 2024104.9+4.9%
Q2 2024104.1+4.1%
Q1 2024103.5+3.5%
Q4 2023102.5+2.5%
Q3 2023100.9+0.9%
Q2 202399.2-0.8%
Q1 202397.4-2.6%

Questions

Scope of this index.

How much has office construction cost changed in Quebec City?

The index stood at 117.0 in Q2 2026 against 2023 = 100: +5.7% over one year. The series for Quebec City begins in Q1 2023, 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.