New dwellings; output price indices building costs, 2015=100 2012-2023

New dwellings; output price indices building costs, 2015=100 2012-2023

Periods Price index building costs VAT included Output price index (2015=100) Price index building costs VAT included Changes compared to one year earlier (%) Price index building costs VAT excluded Output price index (2015=100) Price index building costs VAT excluded Changes compared to one year earlier (%)
2013 104.9 -2.4 104.9 -3.6
2014 100.7 -4.0 100.7 -4.0
2015 100.0 -0.7 100.0 -0.7
2016 100.0 0.0 100.0 0.0
2017 1st quarter 103.3 6.2 103.3 6.2
2017 2nd quarter 106.7 7.5 106.7 7.5
2017 3rd quarter 105.6 3.9 105.6 3.9
2017 4th quarter 109.4 7.6 109.4 7.6
2017 106.2 6.3 106.2 6.3
2018 1st quarter 111.9 8.3 111.9 8.3
2018 2nd quarter 112.7 5.6 112.7 5.6
2018 3rd quarter 115.7 9.6 115.7 9.6
2018 4th quarter 121.3 10.9 121.3 10.9
2018 115.4 8.6 115.4 8.6
2019 1st quarter 122.0 9.0 122.0 9.0
Source: CBS.
Explanation of symbols

Table explanation


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 to 4th quarter 2023

Status of the figures:
The data for 2023 is provisional. Since this table has been discontinued, the data is no longer finalized.

Changes as of November 11th 2024:
This table has been discontinued. This table is followed by New dwellings; output price indices building costs 2021=100. See paragraph 3.

The index number series in this table use 2015 as the reference year (2015=100). To ensure that the results of the index series are more in line with current events, a so-called base shift is implemented once every five years. Due to the implementation of FRIBS (Framework Regulation Integrating Business Statistics) in 2021, this time the base shift is postponed by one year to 2021=100. The subsequent base shift will return to a regular year, namely 2025=100. Upon the publication of the reporting period of the 1st quarter of 2024, such a base shift will occur, and the reference year will be switched to 2021 (2021=100). The index series with the reference 2021=100 will be published in new StatLine tables. This table will be discontinued from that moment and will no longer be updated. However, it will remain available in the archive. The new tables for 2021=100 will commence with the reporting period of the 1st quarter of 2018.

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.

The changes compared to one year earlier of the price indices of the series 2015=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 2015=100 are based on not rounded figures.