Construction cost index for new housing in Portugal 2020-2024

Published by Beatriz Luz, Sep 24, 2024

During the observed period, the data shows a rise in construction cost for new residential buildings in Portugal, reaching a price index of almost 121 points in July 2024 compared to the base year of 2021. Construction material prices peaked in September 2022, recording an increase of more than 19 points compared to the same time of the previous year. As of July 2024, labor costs had never been higher.

Construction cost index for new housing in Portugal from January 2020 to July 2024

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Release date

September 2024

Region

Portugal

Survey time period

January 2020 to July 2024

Supplementary notes

*Preliminary.

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