New housing construction cost index
Housing construction costs rose by 11.6% on a year-on-year basis
- March 2022
10 May 2022
Summary
In March 2022, construction costs for new residential buildings are estimated to have increased by 11.6% on a year-on-year basis, 3.0 percentage points (p.p.) more than in the previous month. The price of materials and labor costs rose 15.3% and 6.4%, respectively.
