According to the Building Price Index (BPI), the building cost increased by 8 percent for multi-dwelling buildings and for collectively built one- or two- dwelling buildings.

Costs were highest in Greater Stockholm

Production costs for multi-dwelling buildings were SEK 45 040 per square metre of useful floor space in 2016. Costs were lowest in southern Sweden, where production costs amounted to SEK 34 484, and highest in Greater Stockholm, where costs were SEK 57 250.

Production costs for collectively built one- or two- dwelling buildings were SEK 33 543 in 2016. The cost were lowest in southern Sweden, where production costs were SEK 28 253 and highest in Greater Stockholm, where costs were SEK 43 720.

High costs for tenant-owned dwellings

Production costs for multi-dwelling buildings that are intended to be tenant-owned dwellings are considerably higher, about 65 percent, compared with buildings intended to be rental dwellings (SEK 52 698 and SEK 31 871 respectively). Higher cost of land for tenant-owned dwellings in part explains the difference. The cost of land per square metre of useful floor space as an average for multi-dwelling buildings was SEK 10 231 in 2016. In 2016, the cost of land for tenant-owned dwellings was SEK 13 783, while the corresponding cost for rental dwellings was SEK 4 134.

Because the newly constructed dwellings that form the basis of production costs vary in number and design from year to year, it may be difficult to make comparisons over time. However, this year’s results are similar to previous years in terms of differences between tenant-owned dwellings and rental dwellings.

From this year Statistic Sweden also publish technical variables regarding building of multi-dwelling houses and collectively built one- or two- dwelling buildings. Statistics are available from the year 1995 and forward and refer to the entire country. The statistical tables are available at Statistic Sweden website. These statistics show that buildings completely constructed at site have gone from being most usual construction in the year 1995 to being the most unusual in the year 2016. From 38 percent in the year 1995 to 11 percent in the year 2016. The choice of roofing material has also changed, in the year 1995 it was only a couple of percent of the multi-dwelling houses using board, in the year 2016 the corresponding share is 60 percent. This trend seem to concern even collectively built one- or two- dwelling buildings.