New dwellings; output price indices building costs, 2010=100, 2008-2017

New dwellings; output price indices building costs, 2010=100, 2008-2017

Periods Price index building costs VAT included Output price index (2010=100) Price index building costs VAT included Changes compared to one year earlier (%) Price index building costs VAT excluded Output price index (2010=100) Price index building costs VAT excluded Changes compared to one year earlier (%)
2009 104.2 -0.6 104.2 -0.6
2010 100.0 -4.1 100.0 -4.1
2011 98.8 -1.1 98.8 -1.1
2012 94.5 -4.4 94.1 -4.8
2013 92.6 -2.0 91.1 -3.2
2014 88.6 -4.3 87.2 -4.3
2015 88.0 -0.8 86.5 -0.8
2016 1st quarter 85.6 -3.7 84.2 -3.7
2016 2nd quarter 86.6 -4.1 85.2 -4.1
2016 3rd quarter 88.9 2.6 87.4 2.6
2016 4th quarter 89.8 4.3 88.3 4.3
2016 87.7 -0.3 86.3 -0.3
2017 1st quarter* 89.2 4.3 87.7 4.3
2017 2nd quarter* 94.5 9.2 93.0 9.2
2017 3rd quarter* 93.9 5.7 92.4 5.7
2017 4th quarter* 96.2 7.1 94.6 7.1
2017* 93.5 6.6 91.9 6.6
Source: CBS.
Explanation of symbols

Table description


The output price index of newly built dwellings, 2010=100, shows cost developments of residential buildings. These series is based on all types of dwellings. Building costs are the costs paid to the building contractor, and thus include general costs, profit and risk, but exclude the costs of building land and project developers and brokers. The data are received from the municipal administrations (the number of building licences granted).

Data available from: 1st quarter 2008 - 4th quarter 2017

Status of the figures:
The figures up to and including 2016 are definite. The figures about 2017 are preliminary. Since this table has been discontinued, the data will not be made definit.

Changes as of June 22th 2018:
None, this table is discontinued.

When will new figures become available?
No longer applicable. This table is succeeded by New dwellings; output price indices building costs, 2015=100. See section 3.

Description topics

Price index building costs VAT included
An output price index VAT included measures price changes of a finished good. In this case a dwelling. General costs and 'profit and risk' of the contractor are also included in this price index. This is in contrast to an input price index, which only measures the costs of the product itself (wages and materials).
Output price index
A price index specifies the ratio between the value of a variable in a given time and the value of that variable in a chosen fixed reference period. In this reference period, the index is 100.
Changes compared to one year earlier
The percentage development of a given time period (quarter or year) compared to the same period in the preceding year.
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The changes compared to one year earlier of the price indices of the series 2010 = 100 are based on not rounded figures.
Price index building costs VAT excluded
An output price index VAT excluded measures price changes of a finished good. In this case a dwelling. General costs and 'profit and risk' of the contractor are also included in this price index. This is in contrast to an input price index, which only measures the costs of the product itself (wages and materials).
Output price index
A price index specifies the ratio between the value of a variable in a given time and the value of that variable in a chosen fixed reference period. In this reference period, the index is 100.
Changes compared to one year earlier
The percentage development of a given time period (quarter or year) compared to the same period in the preceding year.
---
The changes compared to one year earlier of the price indices of the series 2010 = 100 are based on not rounded figures.