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11478
Increase in prices of new detached houses
statistikk
2005-04-05T10:00:00.000Z
Prices and price indices;Construction, housing and property
en
enebolig, Price index for new detached houses, price development, new buildingsDwelling and housing conditions , House prices and house price indices , Construction, housing and property, Prices and price indices
false

Price index for new detached houses, Q4 2004

The price is connected to the quarter in which the local authorities register the construction work as completed and not at the time of entering into the sales contract. Therefore, the price index for new detached houses intercepts large changes in the market with a delay of almost one year.

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Increase in prices of new detached houses

Prices of new detached houses increased by 3.0 per cent from the fourth quarter of 2003 to the fourth quarter of 2004. However, from the third to the fourth quarter there was a fall in the prices of such housing. Adjusted for seasonal variations the prices increased by 0.9 per cent from the third to the forth quarter.

Prices of new detached houses reached a record low in the first quarter of 1993. Since then, the prices have increased by about 100 per cent. In comparison, the consumer price index has increased by 26.9 per cent in the same period, and the construction cost index for detached houses of wood has increased by 42.2 per cent.

Price index for new detached houses. Seasonally adjusted. 2000=100

A total of 506 observations have been used in the calculation of the index.

Price index for new detached houses. 4. quarter 2004.
2000=100
  Index
4. quarter 2004 		Change in per cent
  3. quarter-
4. quarter 		4. quarter 2003-
4. quarter 2004
Unadjusted index  123.8 -0.4 3.0
Seasonally adjusted index  124.6 0.9 -

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