Construction cost indices for new residential buildings, first quarter 2025
The construction costs for new residential buildings in the first quarter of 2025 decreased by 0.9% compared to the previous quarter
The construction cost index for new residential buildings compared to the previous quarter was 99.1, the material costs 100.4 and the labour costs 96.4.
In the first quarter of 2025 in comparison with the same quarter of the previous year, the construction cost index was 98.5, the material costs 99.6 and the labour costs 96.4.
Key takeaway
In the first quarter of 2025, the construction costs for new residential buildings decreased by:
- 0.9% compared to the previous quarter
- 1.5% compared to the same quarter last year
Tables
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Contact
Elizabeta TrajkovskaPhone: +389 2 3295 666
Email: elizabeta.trajkovska@stat.gov.mk