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Housing construction costs rose by 2.5%
New housing construction cost index
Housing construction costs rose by 2.5% - November 2023
09 January 2024


In November 2023, construction costs for new residential buildings are estimated to have increased by 2.5% on a year-on-year basis, 1.0 percentage points more than in the previous month. The price of materials presented a variation of -1.8% while labor costs rose 8.7%.

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