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Costs of Construction of New Accommodation in May

Summary by SIC Notícias
The costs of construction of new housing in Portugal increased by 3.7% in May compared to the same month of 2024, supported by an increase of 6.8% in labour.
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Prices for the construction of new conventionally constructed residential buildings in Germany rose by 3.2% in May 2025 compared to May 2024. In February 2025, the previous reporting month for the statistics, the price increase was also 3.2% year-on-year. According to the Federal Statistical Office (Destatis), construction prices increased by 0.8% in May 2025 compared to February 2025. All prices refer to construction work on the building, inclu…

M-of-work was the element that most influenced the indicator, but cost with the materials drumm m went up.

·Porto, Portugal
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The costs of construction of new housing in Portugal increased by 3.7% in May compared to the same month of 2024, supported by an increase of 6.8% in labour.

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SIC Notícias broke the news in on Wednesday, July 9, 2025.
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