Vancouver office construction price index.
109.7 in Q2 2026 against 2023 = 100. +0.3% over the year.
Trend
Q1 1981 to Q2 2026. The dashed line is the 2023 base.
Fit-out trades
By MasterFormat division, ranked by annual change. Published from Q1 2017.
| Trade division | Index | Annual change | Five-year change | Since |
|---|---|---|---|---|
| Plumbing | 124.3 | +6.6% | +43.0% | Q1 2017 |
| Conveying equipment | 116.0 | +3.0% | +36.0% | Q1 2017 |
| Openings | 113.1 | +2.6% | +43.7% | Q1 2017 |
| Heating, ventilation and air conditioning | 113.8 | +1.7% | +23.3% | Q1 2017 |
| Communications | 107.7 | +0.9% | +24.5% | Q1 2017 |
| Electrical | 109.3 | +0.8% | +18.9% | Q1 2017 |
| Finishes | 107.9 | -1.6% | +35.9% | Q1 2017 |
| Fire Suppression | 102.6 | -4.4% | +8.2% | Q1 2017 |
Quarterly history
Every published quarter, newest first.
182 quarters
| Quarter | Index | Relative to 2023 |
|---|---|---|
| Q2 2026 | 109.7 | +9.7% |
| Q1 2026 | 109.6 | +9.6% |
| Q4 2025 | 109.2 | +9.2% |
| Q3 2025 | 109.3 | +9.3% |
| Q2 2025 | 109.4 | +9.4% |
| Q1 2025 | 108.3 | +8.3% |
| Q4 2024 | 106.8 | +6.8% |
| Q3 2024 | 106.4 | +6.4% |
| Q2 2024 | 105.1 | +5.1% |
| Q1 2024 | 103.5 | +3.5% |
| Q4 2023 | 102.8 | +2.8% |
| Q3 2023 | 100.8 | +0.8% |
| Q2 2023 | 99.5 | -0.5% |
| Q1 2023 | 96.9 | -3.1% |
| Q4 2022 | 94.8 | -5.2% |
| Q3 2022 | 93.5 | -6.5% |
| Q2 2022 | 91.9 | -8.1% |
| Q1 2022 | 89.5 | -10.5% |
| Q4 2021 | 87.6 | -12.4% |
| Q3 2021 | 86.0 | -14.0% |
| Q2 2021 | 84.5 | -15.5% |
| Q1 2021 | 82.5 | -17.5% |
| Q4 2020 | 82.1 | -17.9% |
| Q3 2020 | 82.2 | -17.8% |
| Q2 2020 | 82.2 | -17.8% |
| Q1 2020 | 82.2 | -17.8% |
| Q4 2019 | 81.9 | -18.1% |
| Q3 2019 | 81.7 | -18.3% |
| Q2 2019 | 81.6 | -18.4% |
| Q1 2019 | 81.4 | -18.6% |
| Q4 2018 | 80.4 | -19.6% |
| Q3 2018 | 79.6 | -20.4% |
| Q2 2018 | 77.9 | -22.1% |
| Q1 2018 | 76.7 | -23.3% |
| Q4 2017 | 75.8 | -24.2% |
| Q3 2017 | 74.6 | -25.4% |
| Q2 2017 | 73.9 | -26.1% |
| Q1 2017 | 72.8 | -27.2% |
| Q4 2016 | 71.2 | -28.8% |
| Q3 2016 | 70.4 | -29.6% |
| Q2 2016 | 69.6 | -30.4% |
| Q1 2016 | 68.6 | -31.4% |
| Q4 2015 | 67.2 | -32.8% |
| Q3 2015 | 67.2 | -32.8% |
| Q2 2015 | 66.9 | -33.1% |
| Q1 2015 | 66.5 | -33.5% |
| Q4 2014 | 65.9 | -34.1% |
| Q3 2014 | 66.2 | -33.8% |
| Q2 2014 | 65.9 | -34.1% |
| Q1 2014 | 65.5 | -34.5% |
| Q4 2013 | 65.3 | -34.7% |
| Q3 2013 | 65.3 | -34.7% |
| Q2 2013 | 65.0 | -35.0% |
| Q1 2013 | 63.4 | -36.6% |
| Q4 2012 | 63.4 | -36.6% |
| Q3 2012 | 63.2 | -36.8% |
| Q2 2012 | 63.1 | -36.9% |
| Q1 2012 | 62.7 | -37.3% |
| Q4 2011 | 61.8 | -38.2% |
| Q3 2011 | 61.5 | -38.5% |
| Q2 2011 | 61.0 | -39.0% |
| Q1 2011 | 60.4 | -39.6% |
| Q4 2010 | 59.9 | -40.1% |
| Q3 2010 | 59.5 | -40.5% |
| Q2 2010 | 59.1 | -40.9% |
| Q1 2010 | 58.2 | -41.8% |
| Q4 2009 | 58.8 | -41.2% |
| Q3 2009 | 59.0 | -41.0% |
| Q2 2009 | 60.8 | -39.2% |
| Q1 2009 | 61.0 | -39.0% |
| Q4 2008 | 67.8 | -32.2% |
| Q3 2008 | 70.9 | -29.1% |
| Q2 2008 | 70.2 | -29.8% |
| Q1 2008 | 67.9 | -32.1% |
| Q4 2007 | 66.6 | -33.4% |
| Q3 2007 | 66.0 | -34.0% |
| Q2 2007 | 64.3 | -35.7% |
| Q1 2007 | 61.9 | -38.1% |
| Q4 2006 | 60.4 | -39.6% |
| Q3 2006 | 58.1 | -41.9% |
| Q2 2006 | 56.6 | -43.4% |
| Q1 2006 | 54.4 | -45.6% |
| Q4 2005 | 53.5 | -46.5% |
| Q3 2005 | 52.4 | -47.6% |
| Q2 2005 | 51.7 | -48.3% |
| Q1 2005 | 50.6 | -49.4% |
| Q4 2004 | 50.4 | -49.6% |
| Q3 2004 | 49.8 | -50.2% |
| Q2 2004 | 48.6 | -51.4% |
| Q1 2004 | 47.1 | -52.9% |
| Q4 2003 | 45.9 | -54.1% |
| Q3 2003 | 45.5 | -54.5% |
| Q2 2003 | 45.4 | -54.6% |
| Q1 2003 | 45.5 | -54.5% |
| Q4 2002 | 45.3 | -54.7% |
| Q3 2002 | 45.3 | -54.7% |
| Q2 2002 | 45.2 | -54.8% |
| Q1 2002 | 45.1 | -54.9% |
| Q4 2001 | 44.9 | -55.1% |
| Q3 2001 | 44.9 | -55.1% |
| Q2 2001 | 44.8 | -55.2% |
| Q1 2001 | 44.6 | -55.4% |
| Q4 2000 | 44.5 | -55.5% |
| Q3 2000 | 44.4 | -55.6% |
| Q2 2000 | 44.1 | -55.9% |
| Q1 2000 | 43.9 | -56.1% |
| Q4 1999 | 43.6 | -56.4% |
| Q3 1999 | 43.5 | -56.5% |
| Q2 1999 | 43.5 | -56.5% |
| Q1 1999 | 43.3 | -56.7% |
| Q4 1998 | 43.1 | -56.9% |
| Q3 1998 | 43.1 | -56.9% |
| Q2 1998 | 43.0 | -57.0% |
| Q1 1998 | 42.9 | -57.1% |
| Q4 1997 | 42.5 | -57.5% |
| Q3 1997 | 42.4 | -57.6% |
| Q2 1997 | 42.3 | -57.7% |
| Q1 1997 | 42.1 | -57.9% |
| Q4 1996 | 41.8 | -58.2% |
| Q3 1996 | 41.7 | -58.3% |
| Q2 1996 | 41.6 | -58.4% |
| Q1 1996 | 41.2 | -58.8% |
| Q4 1995 | 41.0 | -59.0% |
| Q3 1995 | 41.0 | -59.0% |
| Q2 1995 | 40.9 | -59.1% |
| Q1 1995 | 40.7 | -59.3% |
| Q4 1994 | 39.9 | -60.1% |
| Q3 1994 | 39.7 | -60.3% |
| Q2 1994 | 39.6 | -60.4% |
| Q1 1994 | 39.4 | -60.6% |
| Q4 1993 | 39.1 | -60.9% |
| Q3 1993 | 38.9 | -61.1% |
| Q2 1993 | 38.8 | -61.2% |
| Q1 1993 | 38.2 | -61.8% |
| Q4 1992 | 38.0 | -62.0% |
| Q3 1992 | 37.9 | -62.1% |
| Q2 1992 | 37.7 | -62.3% |
| Q1 1992 | 37.2 | -62.8% |
| Q4 1991 | 37.0 | -63.0% |
| Q3 1991 | 36.8 | -63.2% |
| Q2 1991 | 36.9 | -63.1% |
| Q1 1991 | 37.2 | -62.8% |
| Q4 1990 | 37.8 | -62.2% |
| Q3 1990 | 38.2 | -61.8% |
| Q2 1990 | 38.8 | -61.2% |
| Q1 1990 | 38.7 | -61.3% |
| Q4 1989 | 37.8 | -62.2% |
| Q3 1989 | 37.1 | -62.9% |
| Q2 1989 | 36.6 | -63.4% |
| Q1 1989 | 35.7 | -64.3% |
| Q4 1988 | 35.0 | -65.0% |
| Q3 1988 | 34.4 | -65.6% |
| Q2 1988 | 33.4 | -66.6% |
| Q1 1988 | 33.2 | -66.8% |
| Q4 1987 | 32.8 | -67.2% |
| Q3 1987 | 32.4 | -67.6% |
| Q2 1987 | 32.2 | -67.8% |
| Q1 1987 | 32.0 | -68.0% |
| Q4 1986 | 32.2 | -67.8% |
| Q3 1986 | 32.1 | -67.9% |
| Q2 1986 | 31.7 | -68.3% |
| Q1 1986 | 31.6 | -68.4% |
| Q4 1985 | 31.4 | -68.6% |
| Q3 1985 | 31.1 | -68.9% |
| Q2 1985 | 30.9 | -69.1% |
| Q1 1985 | 30.5 | -69.5% |
| Q4 1984 | 30.5 | -69.5% |
| Q3 1984 | 30.5 | -69.5% |
| Q2 1984 | 30.6 | -69.4% |
| Q1 1984 | 32.0 | -68.0% |
| Q4 1983 | 32.0 | -68.0% |
| Q3 1983 | 32.1 | -67.9% |
| Q2 1983 | 32.2 | -67.8% |
| Q1 1983 | 31.6 | -68.4% |
| Q4 1982 | 31.6 | -68.4% |
| Q3 1982 | 31.6 | -68.4% |
| Q2 1982 | 31.2 | -68.8% |
| Q1 1982 | 31.5 | -68.5% |
| Q4 1981 | 31.0 | -69.0% |
| Q3 1981 | 28.8 | -71.2% |
| Q2 1981 | 27.8 | -72.2% |
| Q1 1981 | 26.6 | -73.4% |
Questions
Scope of this index.
How much has office construction cost changed in Vancouver?
The index stood at 109.7 in Q2 2026 against 2023 = 100: +0.3% over one year, +29.8% over five and +57.6% over ten.
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.