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Housing construction costs rose by 9.1%
New housing construction cost index
Housing construction costs rose by 9.1% - February 2023
10 April 2023


In February 2023, construction costs for new residential buildings are estimated to have increased by 9.1% on a year-on-year basis, 2.0 percentage points (p.p.) less than in the previous month. The price of materials and labor costs rose 9.3% and 8.8%, respectively.

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