New Housing Construction Cost Index, December 2017, INE

Page created: Wednesday, 7 February 2018 12:13GMT

Press Release:  07 February 2018 - 2 Page(s)
Construction Costs  Housing   Prices

The annual change rate of the Construction cost index for new housing was 1.7% in December, 0.1 percentage points (p.p.) higher than in the previous month. In addition, the price index measuring the cost of regular maintenance and repair of housing increased 1.3% in relation to the same period of the last year, 0.2 p.p. higher than in November 2017.
In 2017, new housing construction costs increased 1.7% on a year before, almost three times more than in 2016 (0.6%). The annual average growth rate of the index covering the regular maintenance and repair of housing increased 2.0% in 2017 (0.6% in the previous year).

Original title:  Year-on-year construction costs increased to 1.7% - December 2017

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