Statistics for construction: Insights from Housing Starts, Construction Investments and Building Price Index
The following statistics were shared by the Economics and Statistics Division. For more information please see the following links: ‘Building Construction Price Index (Q4 2025)’ , ‘Housing Starts, December and Annual 2025′ and ‘Building Construction, November 2025.
Building Construction Price Index, Q4 2025
- Overall non-residential building costs were up 2.3% in Halifax from Q4 2024 to Q4 2025, the slowest growth among major urban centres.
- Non-residential building construction costs grew most rapidly for plumbing, followed by structural steel framing.
Housing Starts, December and Annual 2025
- Nova Scotia’s housing starts (seasonally adjusted annualized rate) totalled 11,446 units in December 2025. This was a 38.1% increase from the previous month’s revised value of 8,291 starts.
Building Construction, November 2025
- Nova Scotia’s non-residential building construction grew 1.9% to $132.7 million.
- In Halifax, non-residential construction was down 1.3% to $62.9 million.
- Outside of Halifax, non-residential construction was up 4.9% to $69.8 million.