The index relates to costs ruling on the first day of each month. NATIONAL HOUSE CONSTRUCTION COST INDEX; Up until October 2006 it was known as the National House Building Index Oct 2000 data; The index since October, 2000, includes the first phase of an agreement following a review of rates of pay and grading structures for the Construction Industry and the first phase increase under the PPF. April, May and June 2001; Figures revised in July 2001due to 2% PPF Revised Terms. March 2002; The drop in the March 2002 figure is due to a decrease in the rate of PRSI from 12% to 10¾% with effect from 1 March 2002. The index from April 2002 excludes the one-off lump sum payment equal to 1% of basic pay on 1 April 2002 under the PPF. April, May, June 2003; Figures revised in August'03 due to the backdated increase of 3% from 1April 2003 under the National Partnership Agreement 'Sustaining Progress'. The increases in April and October 2006 index are due to Social Partnership Agreement "Towards 2016". March 2011; The drop in the March 2011 figure is due to a 7.5% decrease in labour costs. Methodology in producing the Index Prior to October 2006: The index relates solely to labour and material costs which should normally not exceed 65% of the total price of a house. It does not include items such as overheads, profit, interest charges, land development etc. The House Building Cost Index monitors labour costs in the construction industry and the cost of building materials. It does not include items such as overheads, profit, interest charges or land development. The labour costs include insurance cover and the building material costs include V.A.T. Coverage: The type of construction covered is a typical 3 bed-roomed, 2 level local authority house and the index is applied on a national basis. Data Collection: The labour costs are based on agreed labour rates, allowances etc. The building material prices are collected at the beginning of each month from the same suppliers for the same representative basket. Calculation: Labour and material costs for the construction of a typical 3 bed-roomed house are weighted together to produce the index. Post October 2006: The name change from the House Building Cost Index to the House Construction Cost Index was introduced in October 2006 when the method of assessing the materials sub-index was changed from pricing a basket of materials (representative of a typical 2 storey 3 bedroomed local authority house) to the CSO Table 3 Wholesale Price Index. The new Index does maintains continuity with the old HBCI. The most current data is published on these sheets. Previously published data may be subject to revision. Any change from the originally published data will be highlighted by a comment on the cell in question. These comments will be maintained for at least a year after the date of the value change. Oct 2008 data; Decrease due to a fall in the Oct Wholesale Price Index.
New York had one of the highest construction costs for prime offices in the United States, at over 660 U.S. dollars per square foot on average. In addition to the 541-meter One World Trade Center building, New York City also has some of the tallest skyscrapers in the United States. What element affect construction costs? Location and topography have a big impact on construction costs, for example, earthquake-prone zones have more stringent building requirements which will affect cost of materials, supplies, and labor. Increased interest in sustainability has also prompted sustainable certification across the country, most noticeably as LEED-registered offices. Slow growth of the office construction segmentThe value of new private office construction in the U.S. has kept rising in the past years, but at a slower rate than before 2019. The changes in the way people work, with part of the workforce working from home at least part of their week might have hindered investment in office real estate.
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This table shows the value (expressed in building costs) of the construction of building projects expected shortly. It also shows the value of the actually realised monthly production of building projects. The figures relate to building projects with building costs of 50 thousand euro or more. The total building costs are broken down into building costs by building phase and by type of building.
Data available from: January 2015.
Status of the figures: Figures of the latest 12 months are provisional. Municipalities with non-response are estimated. The later received response of municipalities over previous periods have been processed in the figures of the month in which the building permit was granted. As a result, figures about the same month may vary over time. Twelve months after publication the provisional figures become definite.
Changes as of May 28, 2025: The figures of March and the first quarter of 2025 have been added and all figures as of March 2024 may have been revised.
When will new figures be published? The new figures will be published on the last working day of the second month after the reporting month. The figures for the same reporting month of a year earlier then become final.
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The historical series 'New dwellings; input price indices of building costs 2000 = 100, from 1990' shows the development of the costs (wages and materials) involved in building new dwellings in the Netherlands, and has become available by linking series which were calculated separately in the past. An input price index is based on price changes in several cost components involved in realising a product, in this case a new dwelling. Changes in other cost components such as building equipment (tools and machines), general costs, profits and risk are not included in the index. Other cost components, such as energy and transport, are also not taken into account as their influence on the final cost price is relatively modest. Land costs are also not included in the index.
From 1990 to December 1994 only figures of the materials are available. From 1995 onwards this series also includes wage figures. Also from 1995, figures are also available on total building costs by weighted aggregetion of these two series.
Data available from: - Materials: January 1990 - Wages: January 1995 - Total building costs: January 1995
Status of the figures: The price index figures for wages and the total construction costs are final until 2024. The figures for building materials are final until November 2024.
Changes as of November 29th, 2024: Since this publication, a switch has been made to a different rounding strategy, whereby the changes are calculated on unrounded index figures and annual figures are calculated from rounded and published figures. With this switch there is more consistency with other statistics on Statline and statistics from Eurostat. As a result, mutations have changed across the entire series.
Changes as of May 28th, 2025: Figures of April 2025 have been added.
When will new figures be published? New figures are published about 30 days after the month under review.
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Construction producer prices or costs, new residential buildings - monthly data
In early 2024, construction costs for elementary schools in Honolulu were on average over 697.5 U.S. dollars per square foot. From the 12 cities on display here, New York and Honolulu had some of the highest construction costs for educational buildings. The construction of one square foot of elementary school space was cheapest in Phoenix. University buildings were on average the most expensive type of educational building.
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This table contains monthly figures on the input price index of new dwellings; input price indices building costs to monitor the costs of new dwellings (labour and materials) in the Netherlands.
An input price index is determined on the basis of price changes of the various cost components making up the product - in this case a new dwelling. Changes in the prices of building equipment (tools and machinery), general costs, profit and risk are not included in the input price index. Other cost components, such as energy and transport, are also not taken into account as their influence on the final cost price is relatively modest. Land costs are also not included in the index.
Data available from: January 2018
Status of the figures: The price index figures for wages and the total construction costs are final until 2024. The figures for building materials are final until November 2024.
Changes as of November 29th, 2024: Since this publication, a switch has been made to a different rounding strategy, whereby the changes are calculated on unrounded index figures and annual figures are calculated from rounded and published figures. With this switch there is more consistency with other statistics on Statline and statistics from Eurostat. As a result, mutations have changed across the entire series.
Changes as of May 28th, 2025: Figures for April 2025 have been added.
When will new figures be published? New figures are published about 30 days after the month under review.
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Building Cost Index in Height: Preparations data was reported at 138.656 May2011=100 in Dec 2018. This records an increase from the previous number of 138.107 May2011=100 for Nov 2018. Building Cost Index in Height: Preparations data is updated monthly, averaging 123.853 May2011=100 from May 2011 (Median) to Dec 2018, with 92 observations. The data reached an all-time high of 138.656 May2011=100 in Dec 2018 and a record low of 99.929 May2011=100 in Aug 2011. Building Cost Index in Height: Preparations data remains active status in CEIC and is reported by Chilean Construction Chamber. The data is categorized under Global Database’s Chile – Table CL.EA004: Building Cost Index.
New York was one of the cities worldwide with the highest construction costs for high rise offices as of the third quarter of 2023. The average price of building a high rise office in London amounted to over 4,700 U.S. dollars per square meter, while the cost for that same type of building in Johannesburg was 700 U.S. dollars per square meter. The cost of multi-unit high rise buildings were also the most expensive in New York.
Building construction price indexes (BCPI), percent change, by type of building and construction division. Quarterly data are available from the first quarter of 1982. The table presents quarter-over-quarter and year-over-year percentage changes for various aggregation levels. The base period for the index is (2017=100).
London and Munich were some of the European cities with the highest construction costs for offices in 2024. Meanwhile, the construction prices of that type of building in Paris were lower than in the other cities included here. In general, high-rise prestige offices were approximately 1,000 U.S. dollars more expensive than A-grade offices of up to 20 floors. London also had one of the highest warehouse construction costs in Europe.
This statistic shows the residential building international costs in Houston in 2018, by building type. In that year, construction costs for individual detached prestige houses stood at 2,827 U.S. dollars per square meter.
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Graph and download economic data for Producer Price Index by Industry: New School Building Construction: Primary Products (PCU236222236222P) from Dec 2005 to May 2025 about schools, primary, buildings, construction, new, PPI, industry, inflation, price index, indexes, price, and USA.
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Construction Cost: State: Sao Paulo data was reported at 1,914.970 BRL/sq m in Apr 2025. This records an increase from the previous number of 1,914.580 BRL/sq m for Mar 2025. Construction Cost: State: Sao Paulo data is updated monthly, averaging 921.950 BRL/sq m from Mar 1986 (Median) to Apr 2025, with 470 observations. The data reached an all-time high of 15,096,935.700 BRL/sq m in Jul 1993 and a record low of 205.080 BRL/sq m in Jan 1989. Construction Cost: State: Sao Paulo data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Global Database’s Brazil – Table BR.EA004: Construction Cost: Average: by Region and State. Average costs at the level of Federation Units: Costs are estimated by the weighted average of the costs of residential projects with a normal finishing standard; For this calculation, the weight (relative importance) of each project is considered in the most populous municipality of each geographic area.
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Croatia - Construction cost of new residential buildings was 9.60 % year-on-year in June of 2021, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Croatia - Construction cost of new residential buildings - last updated from the EUROSTAT on June of 2025. Historically, Croatia - Construction cost of new residential buildings reached a record high of 9.60 % year-on-year in June of 2021 and a record low of 4.20 % year-on-year in September of 2019.
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France - Construction cost of new residential buildings was 3.90 % year-on-year in June of 2021, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for France - Construction cost of new residential buildings - last updated from the EUROSTAT on June of 2025. Historically, France - Construction cost of new residential buildings reached a record high of 3.90 % year-on-year in June of 2021 and a record low of 0.50 % year-on-year in June of 2020.
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Graph and download economic data for Producer Price Index by Industry: New Office Building Construction: Primary Products (PCU236223236223P) from Jun 2006 to May 2025 about primary, buildings, construction, new, PPI, industry, inflation, price index, indexes, price, and USA.
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Statistics Netherlands calculates monthly the series New dwellings; input price indices building costs to monitor the costs of new dwellings (labour and materials) in the Netherlands. An input price index is determined on the basis of price changes of the various cost components making up the product - in this case a new dwelling. Changes in the prices of building equipment (tools and machinery), general costs, profit and risk are not included in the input price index. Other cost components, such as energy and transport, are also not taken into account as their influence on the final cost price is relatively modest. Land costs are also not included in the index. Data available from: January 2008 t/m January 2018 Status of the figures: The figures for total building costs and the wages are definite until 2016. The figures of Building materials are definite until August 2017. The period the price indices remain provisional depends on the moment that the collectively negotiated (CAO) wage rates for the construction industry are definite. This period can vary from 4 to about 16 months after the period under review. Since this table has been stopped, the data is no longer made definitive. Changes as of April 30, 2018: None, this table has been discontinued. When will new figures be published? Not applicable anymore. This table is followed by the table New dwellings; input price indices building costs 2015=100. See section 3
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Germany - Construction cost of new residential buildings was 0.50 % year-on-year in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Germany - Construction cost of new residential buildings - last updated from the EUROSTAT on June of 2025. Historically, Germany - Construction cost of new residential buildings reached a record high of 16.40 % year-on-year in June of 2022 and a record low of 0.50 % year-on-year in December of 2023.
This statistic shows international building costs for residential buildings in San Francisco in 2018, by building type. In that year, construction costs for individual detached prestige houses stood at 4,300 U.S. dollars per square meter.
The index relates to costs ruling on the first day of each month. NATIONAL HOUSE CONSTRUCTION COST INDEX; Up until October 2006 it was known as the National House Building Index Oct 2000 data; The index since October, 2000, includes the first phase of an agreement following a review of rates of pay and grading structures for the Construction Industry and the first phase increase under the PPF. April, May and June 2001; Figures revised in July 2001due to 2% PPF Revised Terms. March 2002; The drop in the March 2002 figure is due to a decrease in the rate of PRSI from 12% to 10¾% with effect from 1 March 2002. The index from April 2002 excludes the one-off lump sum payment equal to 1% of basic pay on 1 April 2002 under the PPF. April, May, June 2003; Figures revised in August'03 due to the backdated increase of 3% from 1April 2003 under the National Partnership Agreement 'Sustaining Progress'. The increases in April and October 2006 index are due to Social Partnership Agreement "Towards 2016". March 2011; The drop in the March 2011 figure is due to a 7.5% decrease in labour costs. Methodology in producing the Index Prior to October 2006: The index relates solely to labour and material costs which should normally not exceed 65% of the total price of a house. It does not include items such as overheads, profit, interest charges, land development etc. The House Building Cost Index monitors labour costs in the construction industry and the cost of building materials. It does not include items such as overheads, profit, interest charges or land development. The labour costs include insurance cover and the building material costs include V.A.T. Coverage: The type of construction covered is a typical 3 bed-roomed, 2 level local authority house and the index is applied on a national basis. Data Collection: The labour costs are based on agreed labour rates, allowances etc. The building material prices are collected at the beginning of each month from the same suppliers for the same representative basket. Calculation: Labour and material costs for the construction of a typical 3 bed-roomed house are weighted together to produce the index. Post October 2006: The name change from the House Building Cost Index to the House Construction Cost Index was introduced in October 2006 when the method of assessing the materials sub-index was changed from pricing a basket of materials (representative of a typical 2 storey 3 bedroomed local authority house) to the CSO Table 3 Wholesale Price Index. The new Index does maintains continuity with the old HBCI. The most current data is published on these sheets. Previously published data may be subject to revision. Any change from the originally published data will be highlighted by a comment on the cell in question. These comments will be maintained for at least a year after the date of the value change. Oct 2008 data; Decrease due to a fall in the Oct Wholesale Price Index.