Construction costs up 1.8 percent

The construction costs of residential buildings increased by 1.8 percent from December 2008 to December 2009, while the material costs rose by 1.5 percent in the same period.

From December 2008 to December 2009, construction costs of detached houses of wood increased the most, by 2.3 percent, while multi-dwelling houses rose by 1.0 percent.

The construction costs of detached houses of wood and multi-dwelling houses both increased by 0.1 percent from November to December last year. The material costs of detached houses of wood rose by 0.1 percent, while multi-dwelling houses remained unchanged in the same period.

Construction cost index for residential buildings. 2000=100
December 2009 Change in percent
November 2009-

December 2009

December 2008-

December 2009

Residential buildings1 144.7 0.1 1.8
Residential buildings, labour cost 150.7 0.0 2.6
Residential buildings, materials 144.6 0.1 1.5
Detached houses of wood 145.1 0.1 2.3
Detached houses of wood, materials 143.9 0.1 2.1
Detached houses of wood, other building work 144.7 0.0 2.4
Detached houses of wood, other building work, materials 143.1 0.1 2.4
Multi-dwelling houses 145.8 0.1 1.0
Multi-dwelling houses, materials 149.3 0.0 0.1
1 Construction cost index for residential buildings is weighted by index for detached houses of wood and

index for multi-dwelling houses.

Source: Statistics Norway

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