New dwellings; input price indices building costs 2000=100, from 1990

New dwellings; input price indices building costs 2000=100, from 1990

Periods Total building costs Price indices (2000=100) Total building costs Changes compared to one year earlier (%) Wages Price indices (2000=100) Wages Changes compared to one year earlier (%)
2019 September 154.7 2.2 160.6 2.4
2019 October 154.6 2.4 160.6 2.3
2019 November 154.6 2.5 160.6 2.3
2019 December 155.7 3.0 163.1 3.9
2020 January* 156.9 2.8 164.1 4.3
2020 February* 156.9 2.8 164.1 4.3
2020 March* 156.9 2.7 164.1 4.3
2020 April* 156.2 2.1 164.1 4.3
2020 May* 156.1 2.0 164.2 4.3
2020 June* 156.2 2.0 164.3 4.2
2020 July* 157.6 1.7 167.0 4.0
2020 August* 158.0 2.3 167.0 4.0
Source: CBS.
Explanation of symbols

Table description


The historical series 'New dwellings; input price indices of building costs 2000 = 100, from 1990' shows the development of the costs (wages and materials) involved in building new dwellings in the Netherlands, and has become available by linking series which were calculated separately in the past.
An input price index is based on price changes in several cost components involved in realising a product, in this case a new dwelling. Changes in other cost components such as building equipment (tools and machines), general costs, profits and risk are not included in the index. Other cost components, such as energy and transport, are also not taken into account as their influence on the final cost price is relatively modest. Land costs are also not included in the index.

From 1990 to December 1994 only figures of the materials are available.
From 1995 onwards this series also includes wage figures. Also from 1995, figures are also available on total building costs by weighted aggregetion of these two series.

Data available from:
- Materials: January 1990
- Wages: January 1995
- Total building costs: January 1995

Status of the figures:
The figures of the wages and the total building costs are definite until the year 2019. The building materials are definite until March 2020.

Changes as of September 30, 2020:
Figures of Augustus 2020 have been added and the figures of the building materials of March 2020 have become definite.

When will new figures be published?
New figures will be published at the end of October 2020.

Description topics

Total building costs
These price indices are composed (weighted) of wages and material
components.
Price indices
From 1995, input price indices of new dwellings are related to the prices of labour and building materials. The series is calculated on the basis of changes in labour prices in construction, and in costs of materials used in residential construction. Both components are weighted to one series: Input price indices for new dwellings.
Changes in the prices of building equipment, general costs, profits and risk are not included in the input price index.
Changes compared to one year earlier
Monthly changes are calculated compared with the same month in the previous year. Annual changes are calculated compared with the previous year.
Wages
The wages index is based on changes in labour prices in construction, specifically construction of dwellings and commercial and industrial buildings.
Price indices
The wages component shows the development of labour prices in
construction, specifically construction of dwellings and commercial and industrial buildings.
From 1995 to 2004, updated labour costs in the construction sector are used for this. If recent data were not available, the wage per working hour as laid down in the collective agreement was used.
From 2004 onwards, the wage index is based on the statistics of
contractual wage costs (Contractuele Loonkosten, or CLK) in building construction. The definitions used by the CLK are very suitable for input price indices. For instance, employer contributions are included in the calculations, and changes in quality, such as changes in structure of employees, do not affect this.
Changes compared to one year earlier
Monthly changes are calculated compared with the same month in the previous year. Annual changes are calculated compared with the previous year.