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Housing Construction costs rose by 2.5%
New housing construction cost index
Housing Construction costs rose by 2.5% - August 2023
09 October 2023


In August 2023, construction costs for new residential buildings are estimated to have increased by 2.5% on a year-on-year basis, 0.4 percentage points more than in the previous month. The price of materials presented a variation of -0.7% while labor costs rose 7.1%.

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