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Construction Costs Rose by 5.1% in March
According to the New Home Construction Costs Index (NHCI), which was published today by the National Statistics Institute (INE), the price of materials and the cost of labour both rose, up 3.3% and 7.6% y-o-y, respectively. According to the INE’s report, new housing construction costs rose by 5.1% in March, up 2.8 percentage points compared … Continue reading "Construction Costs Rose by 5.1% in March"
