|Adjustments||Seasonally Adjusted at Annual Rate|
|Building Permits||Dec 2021||1,987||3,205||#, SAAR||Monthly|
|House Price Index||2021 Q4||190.45||192.48||Index 2005Q1=100, NSA||Quarterly|
|House Price Index for Existing Homes||2021 Q4||183.89||180.98||Index 2015=100, NSA||Quarterly|
|House Price Index for New Homes||2021 Q4||170.99||158.73||Index 2015=100, NSA||Quarterly|
|Non-residential Building Permits||Dec 2021||155||353||#, NSA||Monthly|
|Residential Building Permits||Dec 2021||31||47||#, NSA||Monthly|
For Luxembourg, monthly construction permits; by typology; count of permits, count of dwellings, and cubic volume.
Building permits consists of only buildings and is split into:
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), or thoroughfares (e.g., areas of stairwells, lifts, escalators).
Moody's Analytics supplements
For the count of permits (four concepts), we compute seasonally adjusted (SAAR) counterparts using X-13ARIMA-SEATS.
The source revises their data for two reasons: