Construction Price Indexes

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Beginning with the December 2007 New Residential Sales press release, all of our price indexes have had the base year changed from 1996 to 2005. As a result, the fixed weights for the Constant Quality (Laspeyres) indexes are now based on 2005 kinds of houses instead of 1996. The Price Deflator (Fisher) is now calculated using constant dollars from 2005 instead of 1996. With this release, we are showing a one-time comparison for Houses Sold and Houses Under Construction between the new 2005 base year indexes and the 1996 indexes that are being replaced. After this release, we will no longer update the 1996 series. Historical price indexes for base year 1996 with data through December 2007 will continue to be available at the links below. NEW! - Answers to frequently asked questions about the new price index series Documentation of the 2005 base year indexes for Houses Sold and for Houses Under Construction are also available at the links below. Documentation for the 1996 base year is available at the following documentation links: Frequently Asked Questions and Description of the Price Indexes for Houses Sold and for Houses Under Construction.





Construction Price Indexes

• General Information About Price Indexes (2005 base year)(PDF)  (1996 base year)(PDF) 
• Description of Price Indexes for New One-Family Houses Sold (2005 base year) (PDF)  (1996 base year) (PDF)
  
• Description of Price Indexes for New One-Family Houses Under Construction (2005 base year) (PDF)  (1996 base year) (PDF)
  
• Comparison of the Price Indexes for Houses Sold and Houses Under Construction
  
• Details of the Regression Models and Model Characteristics (2005 base year) (PDF)  (1996 base year) (PDF)
  
• History of One-Family Price Index Methodology (2005 base year) (PDF)  (1996 base year) (PDF)
  
• Definitions, Limitations, and Miscellaneous Statistical Methodology (2005 base year) (PDF)  (1996 base year) (PDF)
  
• Frequently Asked Questions (2005 base year) (PDF)  (1996 base year) (PDF)
  
  
• 2008-2009 Release Dates
  
  
  

  History Tables (below are in PDF)  

  To view the tables in Excel format, click here.
  

  Construction Price Indexes

  Select History Table  Houses Sold (2005 base year) Houses Sold (1996 base year)     Constant Quality (Laspeyres) Price Index of New One-Family Houses Sold
  Select History Table  Under Construction (2005 base year) Under Construction (1996 base year)     Constant Quality (Laspeyres) Price Index of New One-Family Houses Under Construction
  Select History Table Under Construction (2005 base year) Under Construction (1996 base year)     Price Deflator (Fisher) Index of New One-Family Houses Under Construction
  
  For nonresidential construction price indexes, please visit the Bureau of Labor Statistics of the U.S. Department of Labor web site.
   

  For questions, visit our Question and Answer Center at ask.census.gov or contact the Residential Construction Branch at (301)763-5160.