Price of new single-detached homes in Vancouver 5X more than construction cost; 2X more in Calgary

The Gap Between Sale Prices and Construction Costs for New Homes in Canadian CMAs, 2018–2025;


VANCOUVER—The cost to buy a new single-detached home in Vancouver averaged nearly five times more than the cost to build it from 2018 to 2025, compared to two times more in Calgary, finds a new study published by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.

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