Quebec office construction price index.
114.0 in Q2 2026 against 2023 = 100. +5.1% 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 | 111.6 | +11.6% |
| Q4 2025 | 110.4 | +10.4% |
| Q3 2025 | 109.9 | +9.9% |
| Q2 2025 | 108.5 | +8.5% |
| Q1 2025 | 105.3 | +5.3% |
| Q4 2024 | 103.6 | +3.6% |
| Q3 2024 | 102.9 | +2.9% |
| Q2 2024 | 102.7 | +2.7% |
| Q1 2024 | 101.7 | +1.7% |
| Q4 2023 | 101.0 | +1.0% |
| Q3 2023 | 100.5 | +0.5% |
| Q2 2023 | 99.8 | -0.2% |
| Q1 2023 | 98.7 | -1.3% |
| Q4 2022 | 97.7 | -2.3% |
| Q3 2022 | 96.8 | -3.2% |
| Q2 2022 | 95.1 | -4.9% |
| Q1 2022 | 92.2 | -7.8% |
| Q4 2021 | 89.2 | -10.8% |
| Q3 2021 | 87.1 | -12.9% |
| Q2 2021 | 85.3 | -14.7% |
| Q1 2021 | 82.2 | -17.8% |
| Q4 2020 | 80.9 | -19.1% |
| Q3 2020 | 80.7 | -19.3% |
| Q2 2020 | 79.6 | -20.4% |
| Q1 2020 | 79.0 | -21.0% |
| Q4 2019 | 78.4 | -21.6% |
| Q3 2019 | 77.6 | -22.4% |
| Q2 2019 | 77.1 | -22.9% |
| Q1 2019 | 76.2 | -23.8% |
| Q4 2018 | 75.5 | -24.5% |
| Q3 2018 | 74.6 | -25.4% |
| Q2 2018 | 73.3 | -26.7% |
| Q1 2018 | 72.2 | -27.8% |
| Q4 2017 | 71.6 | -28.4% |
| Q3 2017 | 70.9 | -29.1% |
| Q2 2017 | 70.5 | -29.5% |
| Q1 2017 | 69.8 | -30.2% |
Questions
Scope of this index.
How much has office construction cost changed in Quebec?
The index stood at 114.0 in Q2 2026 against 2023 = 100: +5.1% over one year, +33.6% over five. The series for Quebec 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.