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Housing construction costs rose by 1.5%
New housing construction cost index
Housing construction costs rose by 1.5% - October 2023
07 December 2023


In October 2023, construction costs for new residential buildings are estimated to have increased by 1.5% on a year-on-year basis, 0.6 percentage points less than in the previous month. The price of materials presented a variation of -2.3% while labor costs rose 6.9%.

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