Luxembourg - Building Completions

Luxembourg: Building Completions

Mnemonic HCMP.ILUX
Unit #
Annual 8.66 %
Data 2019 253
2018 277

Series Information

Source STATEC Luxembourg
Release Building Completions
Frequency Annual
Start Date 12/31/1970
End Date 12/31/2019

Luxembourg: Real Estate

Reference Last Previous Units Frequency
Building Permits Sep 2022 2,088 2,436 #, SAAR Monthly
House Price Index 2022 Q3 186.55 194.94 Index 2005Q1=100, NSA Quarterly
House Price Index for Existing Homes 2022 Q3 195.52 194.29 Index 2015=100, NSA Quarterly
House Price Index for New Homes 2022 Q3 187.76 176.98 Index 2015=100, NSA Quarterly
Non-residential Building Permits Sep 2022 252 296 #, NSA Monthly
Residential Building Permits Sep 2022 45 47 #, NSA Monthly
Building Completions 2019 253 277 # Annual

Release Information

Building permits consists of only buildings and is split into:

• dwelling residential buildings
• and more dwelling residential buildings
• residencies for communities
• office buildings
• other buildings

A building permit is a permission to begin work on a building project. A permit is a good indicator of the workload for the building industry.

A dwelling is one room or a group of rooms included with its accessories in a permanent building or stucturally seperated intended by the way it has been constructed to be for private habitation. A dwelling should have a seperate access to a street. The access can be direct or via a common grounds. Rooms that are detached and meant for habitation that are to be used as part of the dwelling are counted as part of the dwelling. Therefore, a dwelling may be made up of seperate buildings within the same enclosure as long as they are inteded for habitation by the same private household. 

Any part of a dwelling used for residential purposes (e.g. kitchen) is included in the measurements of useful floor area. The useful floor area is measured within the external walls and does not include, “construction areas (e.g. areas of demarcation components, supports, columns, pillars, shafts, chimneys), — functional areas for ancillary use (e.g. areas occupied by heating and air-conditioning installations, or by power generators), — thoroughfares (e.g. areas of stairwells, lifts, escalators).”

The source revises their data for two reasons:

  • To fix errors
  • "Normal" statistical procedures (e.g. change in methodology)