New dwellings; output price indices building costs, 2015=100
| 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 (%) |
|---|---|---|---|---|
| 2023* | 162.6 | 13.4 | 162.6 | 13.4 |
| Source: CBS. | ||||
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
Status of the figures:
The figures remain preliminary for four quarters before they become definite.
Changes as of March 29th 2024:
The figures of the 4th quarter of 2022 have become definitive. Furthermore the figures of the 4th quarter and the year of 2023 are added.
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.
When will new figures become available?
New figures of the 1st quarter of 2024 will be published at the end of June 2024.
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.