Every month, CBS calculates the series of Nieuwbouwwoningen; input price index construction costs. This shows the development of the costs (wage and material) involved in the construction of new homes in the Netherlands. An input price index is determined on the basis of the price developments of the different cost components from which the product to be realised — in this case a new home — is built. In the composition of this index, changes in the prices of equipment (tools and machines), general costs and ‘profit and risk’ are excluded. Costs for energy and transport are also not included in the calculation because their impact on the final cost is relatively small. The price evolution of land costs is also not included in this input price index.

Data available from: January 08 until January 2018

Status of the figures: The input price index of the labour component and the total construction costs are final until 2016. The material component is final until August 2017. The period during which the price indices are provisional depends on the closing of the collective agreements involved in the Input. This period can range from 4 to approximately 16 months after the period for which the figures are calculated. Since this table has been discontinued, the data will no longer be finalised.

Changes as of 7 April 2021 None, this table has been discontinued.

When are new figures coming? No longer applicable. This table is followed up by the table Nieuwbouwwoningen; input price index construction costs 2015=100. See paragraph 3

Building construction price indexes (BCPI) by type of building. Quarterly data are available from the second 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).

Between 2022 and 2024, the construction price of residential and non-residential buildings in Canada has grown at the same pace. The price of both types of buildings was roughly six percent higher in the last quarter of 2024 than in 2023, which is the year when the index base was set at 100. Nevertheless, that only considers the cost of buildings in 15 selected metropolitan areas in Canada. Toronto was by far the metropolitan region with the highest construction costs in Canada.

What determines construction costs? The growth rate of the construction price of different types of buildings tends to follow similar trends to some extent. For example, price growth rates in Canada for most types of buildings were more moderate in 2023 than in previous years. However, those figures show a lot of disparity, with the cost of building a high rise apartment building growing much faster than that of other types of buildings. This might be because the construction costs depend on elements such as the location, materials, and complexity of the building, which tend to be quite different for each type of building.

Lumber building materials in Canada In 2023, Canada was the world’s second-largest exporter of wood building materials such as veneer sheets, parquet flooring, particleboard, laminated wood, and builders’ joinery and carpentry. Forestry, logging, and processing wood into ready-to-use materials are important industries in the Canadian economy. High price growth rates of building materials impact negatively the construction industry as their activities become more expensive. However, the forestry and logging industry benefited from the cost of lumber rising in 2020 and 2021. In the past years, the price of lumber, however, has fallen again.

Construction Output Price Indices (OPIs) from January 2014 to December 2024, UK. Summary.