New housing construction cost index
Housing construction costs rose by 2.8%
- May 2023
07 July 2023
Summary
In May 2023, construction costs for new residential buildings are estimated to have increased by 2.8% on a year-on-year basis, 0.4 percentage points less than in the previous month. The price of materials presented a variation of -0.7% while labor costs rose 7.7%.
