Press Construction price index for residential buildings in February 2022: +14.3% on a year earlier

Press release No. 156 of 8 April 2022

WIESBADEN – In February 2022, the construction price index for conventionally constructed new residential buildings (construction work performed at the building; including turnover tax) in Germany was up 14.3% compared with February 2021. In November 2021, as reported by the Federal Statistical Office (Destatis), the price index increased by 14.4% on a year earlier. Compared with November 2021, the price index for residential buildings rose by 4.4% in February 2022.

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As far as non-residential buildings were concerned, the price index for office buildings and for industrial buildings was up 15.3% in February 2022 compared with February 2021. The price index relating to road construction rose by 9.8% compared with the corresponding month of the preceding year.

Basic data and long time series are available in tables Price indices for the construction industry (61261-0001 to 61261-0006) in the GENESIS-Online database.

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