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Housing construction costs rose by 6.8% on a year-on-year basis
New housing construction cost index
Housing construction costs rose by 6.8% on a year-on-year basis - August 2021
07 October 2021

Summary

In August, construction costs for new residential buildings are estimated to have increased by 6.8% on a year-on-year basis, 0.3 percentage points more than in the previous month. The price of materials and labor costs rose 8.7% and 4.1%, respectively.


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