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Housing construction costs rose by 3.9%
New housing construction cost index
Housing construction costs rose by 3.9% - August 2024
08 October 2024

Summary

In August 2024, construction costs for new residential buildings are estimated to have increased by 3.9% on a year-on-year basis, 0.6 percentage points higher than the previous month. The price of materials presented a variation of -0.5% while labor costs rose 9.6%.


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