New dwellings; input price indices building costs, 2005 - 2012

New dwellings; input price indices building costs, 2005 - 2012

Periods Total building costs (2005 = 100) Wages (2005 = 100) Building materials (2005 = 100)
2012 117.2 116.7 117.5
Source: CBS.
Explanation of symbols

Table explanation


Statistics Netherlands calculates the monthly input index of building costs for new dwellings to monitor developments in the price level of new dwellings in the Netherlands. The main cost components in the construction of a new dwelling are the costs for wages and materials. Other cost components such as energy and transport are not taken into account because their influence on the final cost price is relatively modest. Land costs are also not included in the index.
Starting with the figures of January 2009, the input index is published with 2005 as new base year. At the same time the name has changed. The new series will be calculated ex post from January 2005 onwards. As a result of the rebasing the weighting schemes are adjusted to the situation of 2008.

Data available from January 2005 till December 2012

Status of the figures:
All figures in this table are definite.

When will new figures be published?
This table is stopped as from 04-24-2013 and will be continued as New dwellings; input price indices 2010 = 100. See paragraph 3.

Description topics

Total building costs
Input price indices of new dwellings are related to the prices of labour
and building materials. The series is calculated from the development
of labour prices in construction and cost of materials used in
residential building.
Changes in the prices of building equipment, general costs, profit and
risk are not included in the input price index.
Wages
The wage index is based on the development of the statistics
"Contractuele Loonkosten" (CLK, contractual wage costs) in
building construction.
Building materials
The material component is calculated by weighted averaging of
certain product groups. The weighting scheme was based on the
average use of building materials for four types of houses. These
four types are: apartments and houses for sale and for rental.
Price indices of the different materials are averaged with this
weighting scheme resulting in a price index of materials for the
house-building.