Content
Published:
This is an archived release.
Prices of new detached houses down 0.7 per cent
Prices of new detached houses decreased by 0.7 per cent from the first to the second quarter of 2003. Adjusted by seasonal variations the prices remained unchanged.
From the third quarter of 2002 to the third quarter of 2003, the prices increased by 2.0 per cent. Prices of new detached houses reached a low point in the first quarter of 1993. Since then prices have increased by 95.0 per cent. In comparison, the consumer price index increased by 24.6 per cent during the same period of time.
A total of 435 observations have been used in the calculation of the price index.
Tables:
The statistics is now published as Price index for new dwellings.
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