New dwellings; output price indices building costs, 2015=100

Table description


The output price index of newly built dwellings, 2015=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 2012

Status of the figures:
The figures remain preliminary for four quarters before they become definite.

Changes as of March 30th 2022:
The figures of the 4th quarter of 2020 and the year 2020 have become definitive. Furthermore the figures of the 4th quarter of 2021 and the year 2021 are added.

When will new figures become available?
New figures of the 1st quarter of 2022 will be published at the end of June 2022.

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.
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.