Luxembourg - Building Permits

Luxembourg: Building Permits

Mnemonic HPMT.ILUX
Unit #, SAAR
Adjustments Seasonally Adjusted at Annual Rate
Monthly 13.94 %
Data Jun 2021 2,525
May 2021 2,216

Series Information

Source STATEC Luxembourg
Release Building permissions
Frequency Monthly
Start Date 1/31/1994
End Date 6/30/2021

Luxembourg: Real Estate

Reference Last Previous Units Frequency
Building Permits Jun 2021 2,525 2,216 #, SAAR Monthly
House Price Index 2021 Q2 187.82 185.87 Index 2005Q1=100, NSA Quarterly
Non-residential Building Permits Jun 2021 252 276 #, NSA Monthly
Residential Building Permits Jun 2021 44 49 #, NSA Monthly
House Price Index for Existing Homes 2020 Q4 163.04 158.35 Index 2015=100, NSA Quarterly
House Price Index for New Homes 2020 Q4 154.79 143.24 Index 2015=100, NSA Quarterly
Building Completions 2018 277 284 # Annual

Release Information

For Luxembourg, monthly construction permits; by typology; count of permits, count of dwellings, and cubic volume.

  • Measurements:
    • Unitary count (#)
    • Thousands of cubic meters
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency:
  • Start date: Uniformly 1994m1
  • Geo coverage:
    • Country
    • Village of Luxembourg (ILUX_VLUX)
    • Districts (ILUX_LUnnnn)

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), 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:

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

Further reading

At the source: