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Provincial office construction cost

Saskatchewan office construction price index.

115.5 in Q2 2026 against 2023 = 100. +4.2% over the year.

Index115.5
Quarterly change+1.6%
Annual change+4.2%
Five-year change+31.3%
Ten-year change—
Quarters published38

Trend

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

80901001101202017201820192020202120222023202420252026115.5

Quarterly history

Every published quarter, newest first.

38 quarters
QuarterIndexRelative to 2023
Q2 2026115.5+15.5%
Q1 2026113.7+13.7%
Q4 2025112.6+12.6%
Q3 2025111.5+11.5%
Q2 2025110.8+10.8%
Q1 2025108.7+8.7%
Q4 2024106.8+6.8%
Q3 2024106.1+6.1%
Q2 2024105.4+5.4%
Q1 2024103.0+3.0%
Q4 2023102.0+2.0%
Q3 2023101.0+1.0%
Q2 202399.2-0.8%
Q1 202397.8-2.2%
Q4 202297.3-2.7%
Q3 202296.7-3.3%
Q2 202295.8-4.2%
Q1 202293.9-6.1%
Q4 202191.7-8.3%
Q3 202189.2-10.8%
Q2 202188.0-12.0%
Q1 202185.6-14.4%
Q4 202085.4-14.6%
Q3 202085.8-14.2%
Q2 202085.8-14.2%
Q1 202085.9-14.1%
Q4 201985.8-14.2%
Q3 201985.9-14.1%
Q2 201985.7-14.3%
Q1 201985.8-14.2%
Q4 201885.5-14.5%
Q3 201885.1-14.9%
Q2 201884.4-15.6%
Q1 201883.7-16.3%
Q4 201783.7-16.3%
Q3 201783.1-16.9%
Q2 201783.1-16.9%
Q1 201782.9-17.1%

Questions

Scope of this index.

How much has office construction cost changed in Saskatchewan?

The index stood at 115.5 in Q2 2026 against 2023 = 100: +4.2% over one year, +31.3% over five. The series for Saskatchewan 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.