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    Saskatoon construction price trend: what the index has done since 2024

    RidgeplateSeptember 1, 20264 min read

    Saskatoon has a published construction price index. Statistics Canada surveys contractors quarterly and publishes, per building type, how much more or less it costs to build the same building than it did in the base period. That is a real, checkable measurement, and it is the only cost measurement we can show you for Saskatoon today.

    What follows is that index, as printed. It is not a price. Nobody can multiply an index by anything on this page and arrive at what your project costs, and we have deliberately built it so nobody tries.

    Residential building types

    Saskatoon residential construction price index
    Residential buildings (composite)+11.0%
    2024 Q2 103.9 → 2026 Q2 115.3
    Single-detached house+10.4%
    2024 Q2 103.9 → 2026 Q2 114.7
    Townhouse+10.2%
    2024 Q2 103.5 → 2026 Q2 114.1
    Apartment buildings+12.5%
    2024 Q2 104.1 → 2026 Q2 117.1
    Low-rise apartment+12.4%
    2024 Q2 104.1 → 2026 Q2 117
    High-rise apartment (5+ storeys)+10.1%
    2024 Q2 105.2 → 2026 Q2 115.8

    Index points, not prices. The index records how contractors' prices for the same building have moved; it is never multiplied into a dollar figure.

    Each row is a separate published series. They are shown side by side, never combined into a single residential number.

    Non-residential building types

    Saskatoon non-residential construction price index
    Non-residential buildings (composite)+10.1%
    2024 Q2 106.3 → 2026 Q2 117
    Office building+9.2%
    2024 Q2 105.2 → 2026 Q2 114.9
    Warehouse+11.5%
    2024 Q2 106.4 → 2026 Q2 118.6
    Shopping centre+6.7%
    2024 Q2 106.8 → 2026 Q2 114
    Factory+11.2%
    2024 Q2 106.9 → 2026 Q2 118.9
    Bus depot+10.0%
    2024 Q2 106.3 → 2026 Q2 116.9

    Index points, not prices. The index records how contractors' prices for the same building have moved; it is never multiplied into a dollar figure.

    The composite is a published series in its own right — it is Statistics Canada's aggregation, not ours.

    How to read a movement figure

    • The index compares the cost of building the same specification over time. It holds design and quality constant so that what moves is price, not scope.
    • A movement between two quarters tells you what has happened to contractors' prices. It tells you nothing about what a specific building costs.
    • Different building types move differently in the same city. A warehouse and a high-rise draw on different trades and different materials, which is why they are published separately and shown separately here.

    Why there are no dollars on this page

    Our cost figures come from published cost guides, reproduced as printed and cited to the page. Saskatoon is not a metro those guides currently cover. We could produce a Saskatoon dollar figure by taking a covered city's band and pushing it through this index — and it would look authoritative and be unverifiable. We don't do that. Where a guide covers a city we quote it; where none does, we say so and show what is published.

    Prairie coverage today: index trend for Saskatoon and Regina, published dollar bands for neither. If a cost guide extends coverage to Saskatchewan, the bands appear here cited to that edition and page.

    Source
    Publisher
    Statistics Canada
    Edition
    Statistics Canada, Table 18-10-0289-01, Building Construction Price Index, quarterly
    Licence
    Statistics Canada Open Licence — reproduced and quoted with attribution.

    Check a cost yourself

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