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Dáil Éireann debate -
Tuesday, 23 Mar 1999

Vol. 502 No. 3

Written Answers. - House Building Cost Index.

Jim Mitchell

Question:

407 Mr. J. Mitchell asked the Minister for the Environment and Local Government the actual increase in the building cost index for each of the years since 1950; and the cumulative increase taking 1950 prices as 100, 1960 as 100, 1970 at 100, 1980 as 100 and 1990 as 100. [7743/99]

The information sought is set out in the following table:

House Building Cost Index

Cumulative Change Since

Year

Index

Yearly % ChangeJan/Jan

1950

1960

1970

1950

100.0

1951

100.0

0.0

0

1952

110.0

10.0

10.0

1953

115

4.5

15.0

1954

110

-4.3

10.0

1955

100

-9.1

0.0

1956

109

9.0

9.0

1957

111.7

2.5

11.7

1958

115.6

3.5

15.6

1959

117.5

1.6

17.5

1960

116.3

-1.0

16.3

1961

120.8

3.9

20.8

3.9

1962

127.5

5.5

27.5

9.6

1963

129.9

1.9

29.9

11.7

1964

134.4

3.5

34.4

15.6

1965

150.9

12.3

50.9

29.8

1966

157.9

4.6

57.9

35.8

1967

166.9

5.7

66.9

43.5

1968

174.5

4.6

74.5

50.0

1969

185.0

6.0

85.0

59.0

1970

212.9

15.1

112.9

83.1

1971

232.1

9.0

132.1

99.6

9.0

1972

244.3

5.3

144.3

110.1

14.8

Cumulative Change Since

Year

Index

Yearly % ChangeJan/Jan

1950

1960

1970

1973

275.7

12.9

175.7

137.1

29.5

1974

342.0

24.1

242.0

194.1

60.7

1975

432.8

26.5

332.8

272.1

103.3

1976

496.7

14.8

396.7

327.1

133.3

1977

579.4

16.6

479.4

398.2

172.2

1978

678.8

17.2

578.8

483.7

218.9

1979

728.4

7.3

628.4

562.3

242.1

1980

938.9

28.9

838.9

707.3

341.0

1981

1069.0

13.9

969.0

819.2

402.1

1982

1296.0

21.2

1196.0

1014.4

508.0

1983

1404.8

8.4

1304.8

1107.9

559.9

1984

1563.3

11.3

1463.3

1244.2

634.3

1985

1683.9

7.7

1583.9

1347.9

691.0

1986

1868.4

11.0

1768.4

1506.5

777.6

1987

1955.9

4.7

1855.9

1581.8

818.7

1988

2026.8

3.6

1926.8

1642.7

852.0

1989

2154.5

6.3

2054.5

1725.5

912.0

1990

2265.7

5.2

2165.7

1848.2

964.3

1991

2365.0

4.4

2265.0

1933.5

1010.9

1992

2426.5

2.6

2326.5

1986.4

1039.8

1993

2490.3

2.6

2390.3

2041.3

1069.8

1994

2582.6

3.7

2482.6

2120.6

1113.1

1995

2684.3

3.9

2584.3

2208.1

1160.9

1996

2741.0

2.1

2641.0

2256.8

1187.5

1997

2790.7

1.8

2690.7

2299.6

1210.9

1998

2906.6

4.2

2806.6

2399.2

1265.3

1999

2987.0

2.8

2887.0

2468.4

1303.1

The House Building Cost Index relates to costs of labour (excluding bonus payments and site agreements) and material but does not include items such as overheads, plant, profit, interest charges, land development etc. which would effect tender levels.
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