construction price index: Vancouver apartment building costs drop… - 12/09/09 04:39 AM
The apartment building construction composite price index for Vancouver CMA decreased 3.8% in the third quarter (compared with the second quarter); the largest decrease in Canada.
The apartment building construction price index provides an indication of new construction cost changes.
 "As was the case in the second quarter, the decline in the third quarter was mostly the result of increased competitive conditions as a result of a weaker building construction market, most notably in Western Canada," said a November 20, 2009, report issued by Statistics Canada.
Vancouver also recorded the largest year over year decrease of 18.5%.
These price indexes are … (0 comments)

 
John Grasty, Your Tri-cities REALTOR, neighbour and volunteer. (for real estate results in the Tri-Cities.)

John Grasty

Your Tri-cities REALTOR, neighbour and volunteer.

Port Moody, BC

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for real estate results in the Tri-Cities.

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(formerly the Adoxographist's Blog) ...skilled writing about an unimportant subject, or is that unskilled writing about an important subject? Well I don't know so as things unfold please judge for yourself... ...don't forget to leave a comment, and thanks for visiting. John Grasty is a REALTOR® serving the Tri-Cities (Coquitlam - Port Coquitlam - Port Moody) real estate market. Please check out John's website: http://www.RealEstateEvolved.com


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