Index of real estate maintenance costs
The index of real estate maintenance costs describes development in the prices of real estate maintenance tasks, such as administration, use and servicing, grounds maintenance, cleaning, electricity and water supply and waste management, and repairs and upkeep, relative to the average price level of a base year. The items of direct costs that are additionally taken into consideration include insurance, ground rent and real estate tax.
Separate indices are calculated for residential blocks of flats, commercial buildings, office buildings, school buildings, health centres and industrial buildings. An overall index of real estate maintenance costs is obtained by weighting together the indices by type of building. The relative shares of these types of buildings of the total floor area of the building stock are used as the weights. A separate index is calculated for single-family houses and is not included in the overall index.
Statistics using the definition
Validity of the definition
- Valid until (31 December 2078)