New house construction costs rise 6.8% in July
Business

New house construction costs rise 6.8% in July

dnoticias.pt8 September 2026 at 11:24

Construction costs for new houses increased by 6.8% in July, year-on-year, according to an estimate from the National Statistics Institute. This value represents a decrease of 0.6 percentage points compared to the rate recorded in the previous month.

Construction materials rose by 6.3%, while labor increased by 7.3%. In June, material prices had stood at 6.4%.

The data is published by the New Housing Construction Cost Index, which measures the evolution of costs in the residential construction sector in Portugal.

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