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Housing construction costs rose by 2.1%
New housing construction cost index
Housing construction costs rose by 2.1% - September 2023
10 November 2023

Summary

In September 2023, construction costs for new residential buildings are estimated to have increased by 2.1% on a year-on-year basis, 0.3 percentage points less than in the previous month. The price of materials presented a variation of -1.7% while labor costs rose 7.5%.


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