New housing construction cost index
Housing construction costs rose by 3.4%
- November 2024
08 January 2025
Summary
In November 2024, construction costs for new residential buildings are estimated to have increased by 3.4% on a year-on-year basis, 0.7 percentage points lower than the previous month. The price of materials presented a variation of -0.3% while labor costs rose 8.1%.
