Construction costs highest in Vancouver: Report

April 19, 2019

A new survey on the 2019 international construction market shows Vancouver is the most expensive place to build in Canada. Photo © www.bigstockphoto.com[1]
A new survey on the 2019 international construction market shows Vancouver is the most expensive place to build in Canada.
Photo © www.bigstockphoto.com

According to a newly released international construction market survey by Turner & Townsend[2], Vancouver is the most expensive place to build in Canada, and the 14th priciest location globally, with an average construction cost of US$2,720.8 per m2.

The report[3], which looks at global construction sector costs, the economic outlook, and market challenges (i.e. ripple effect of the ongoing global trade wards), has also identified the following:

Endnotes:
  1. [Image]: https://www.constructioncanada.net/wp-content/uploads/2019/04/bigstock-VANCOUVER-BC-AUG-Vancou-291513871.jpg
  2. Turner & Townsend: https://www.turnerandtownsend.com/
  3. report: https://www.turnerandtownsend.com/en/insights/international-construction-market-survey-2019/

Source URL: https://www.constructioncanada.net/construction-costs-highest-in-vancouver-report/