Home > Statistics > Index of real estate maintenance costs > Index of real estate maintenance costs has been revised

Index of real estate maintenance costs has been revised

The base year of the index of real estate maintenance costs was changed to 2015=100 when the data for the first quarter of 2018 were released on 19 June 2018. In connection with the revision, the content of the index was renewed and the weight structures updated.

The revision changed the classifications of the index so that in future, the index of real estate maintenance costs will be released classified by cost item and building type. The previous classification by function and type of cost was abandoned. Day care centre has been added as a new building type to the index. Real estate tax and plot rent were removed from the content of the index as they are seen to describe the costs of real estate activities and not real estate maintenance costs. There have also been changes to the source data. For example, the labour cost index replaces the index of wage and salary earnings and for the price of electricity, the electricity price in accordance with the consumer price index will be used instead of that of the building cost index.

---

Last updated 19.6.2018