WebApr 20, 2024 · According to new research from Altus Group, housing developers in the Greater Toronto Area will likely feel the greatest strain with overall costs associated with construction projected to rise by 5 per cent by the end of the year. Meanwhile, other Canadian markets will see slightly lower cost increases ranging from 1 to 4 per cent. WebApr 14, 2024 · For 2024, Altus predicts costs for building high-rises in Vancouver will remain the highest in the country (between $340 and $360 per square foot on the high end for buildings between 12 and 60 ...

Construction statistics

Web8 hours ago · In a trading update this morning, the firm said results for the year to April would be in line with previous expectations of achieving a pre-tax profit in the £5m range … WebJul 14, 2024 · Other provinces exhibiting evidence of a shortage of construction workers include Ontario, with 13,400 (+20% y/y) vacant positions; Alberta with 6,200 (+20% y/y); Manitoba, 1,500 (+116% y/y); Nova Scotia, 1,100 (+285% y/y); and New Brunswick, 905 (+166% y/y). Strong demand + labour & material shortages send one signal jett howard highlights

Building construction price indexes, percentage

Web15 hours ago · A total of 71 units were either flattened or damaged by the massive fire that ripped through a Vaughan construction site Wednesday — and the cause of the flames … WebApr 11, 2024 · Canada's housing supply is not keeping up with population growth — in 2016, there were 427 housing units for every 1,000 Canadians, and in 2024, there were was 424. WebMar 14, 2024 · Graph 1 sets out what spiking in input expenses has meant for the cost of construction across Canada, although it only goes up to the final quarter of last year. Just the same, without even accounting for the latest input cost advances, the 11-major-city composite index for residential buildings leapt ahead by +21.7% in Q4 2024. instaboost hair