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140873
Increase in construction costs
statistikk
2014-03-11T10:00:00.000Z
Prices and price indices;Construction, housing and property
en
bkibol, Construction cost index for residential buildings, construction costs, labour costs, material costs, detached houses, residential buildings, type of work (for example electrical, plumbing, groundwork), types of material (for example concrete, reinforced steel, timber)Dwelling and housing conditions , Construction , Construction cost indices, Construction, housing and property, Prices and price indices
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Construction cost index for residential buildings, February 2014

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Increase in construction costs

The construction costs of residential buildings rose by 0.5 per cent from January to February this year. Labour costs increased by 0.9 per cent, while material costs rose by 0.3 per cent in the same period.

Construction cost index for residential buildings. 2000=100Published 11 March 2014
February 2014
Change from last month, per centChange from last year, per centIndex
1Construction cost index for residential buildings is weighted by index for detached houses of wood and index for multi-dwelling houses.
Residential buildings10.52.9165.7
Residential buildings, labour cost0.94.2174.7
Residential buildings, materials0.32.0165.1
Detached houses of wood0.53.0166.2
Detached houses of wood, materials0.22.2164.2
Detached houses of wood, other building work0.43.0166.0
Detached houses of wood, other building work, materials0.22.1162.9
Multi-dwelling houses0.52.7166.7
Multi-dwelling houses, materialsr0.31.8171.6

Source: Statistics Norway

Wage statistics for the fourth quarter of 2013 are included in the construction costs of February 2013, and are the main reason for the cost increase from January.

From February 2013 to February 2014, the constructions costs of detached houses of wood and multi-dwelling houses rose by 3.0 and 2.7 per cent respectively.