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Fernando de Querol Cumbrera
Research expert covering construction, loans, leasing, savings, and debt
Get in touch with us nowThe price growth rate of housing construction costs in Southern Europe varied a lot from country to country in 2023. The largest increase in construction costs was found in Turkey, a country that has had problems with hyperinflation in the past years. Nevertheless, the cost of building a home in the rest of the countries included here increased at a lower rate than in 2022. The cost of building a home in Northern European countries such as Norway, Sweden, or Denmark also increased that year.
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