Cost-of-construction index / ICC

Cost-of-construction index / ICC

 

 

Cost-of-construction index / ICC

 

Meaning of Cost-of-construction index / ICC

The cost-of-construction index measures trends each quarter in the prices of new buildings for mainly residential use. It concerns the price inclusive of VAT paid by owners to construction companies. It excludes prices and costs relating to the land (site preparation, special foundations...) and any fees, developer costs and financial costs, and does not cover maintenance and improvement operations.

 

Source: http://www.insee.fr/en/methodes/definitions/xls/dictionnaire-de-definitions.xls

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Cost-of-construction index / ICC

 

Cost-of-construction index / ICC

 

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Cost-of-construction index / ICC

 

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Cost-of-construction index / ICC