ΕΛΣΤΑΤ
- 30 Apr 2023
- economy
A new significant increase, on an annual basis, was shown in December by the prices of building materials, as well as the prices of project categories and construction costs of new homes, according to the data of the Hellenic Statistical Authority.
In particular, the General Price Index of Materials for the Construction of New Residential Buildings, with a base year of 2015=100.0 and a reference month of December 2022, compared to the corresponding index of December 2021 showed an increase of 11.7%, compared to an increase of 7.1% which was noted when comparing the corresponding indicators of the year 2021 with 2020.
Compared to the November 2022 index, the General Index showed an increase of 0.5%, compared to a 0.4% increase recorded when comparing the corresponding months of the year 2021.
The average index for the twelve months January 2022 – December 2022, compared to the corresponding index for the twelve months January 2021 – December 2021, showed an increase of 11.0%, compared to a rise of 3.8% recorded when comparing the corresponding previous twelve months.
Rise in new house construction prices in the fourth quarter as well
The prices of project categories and construction costs also moved upwards in the fourth quarter.
More specifically, the General Price Index of New Residential Construction Project Categories for the 4th quarter of 2022 showed an increase of 7.3% compared to the corresponding index of the 4th quarter of 2021, against a 3.8% increase noted when comparing the corresponding indices of the year 2021 to 2020.
Compared to the index of the 3rd quarter of 2022, in the 4th quarter of the previous year the General Index recorded an increase of 1.0%, compared to an increase of 1.3% noted during the corresponding comparison of the indices of the year 2021.
The average index for the twelve months January 2022 - December 2022, compared to the corresponding index for the twelve months January 2021 - December 2021, showed an increase of 6.8%, against an increase of 2.4% recorded during the corresponding previous twelve months.
The General Price Index of Construction Costs of New Residential Buildings of the 4th quarter of 2022, compared to the corresponding index of the 4th quarter of 2021, showed an increase of 9.5%, against a 5.4% increase noted during the corresponding comparison of the indicators of the year 2021 to 2020.
In particular, the annual increase of 9.5% is due to the increase of the Material Price Index by 11.7%, as well as the increase of the Labor Remuneration Price Index by 5.7%.
Compared to the index of the 3rd quarter of 2022, the General Price Price Index in the 4th quarter of 2022 showed an increase of 1.6%, compared to an increase of 1.7% noted during the corresponding comparison of the indices of the year 2021. In particular, the quarterly increase of 1.6% is due to the increase of the Material Price Index by 1.9% and the increase of the Labor Remuneration Price Index by 1.0%.
The average index for the twelve months January 2022 - December 2022, compared to the corresponding index for the twelve months January 2021 - December 2021, showed an increase of 8.8%, compared to an increase of 3.2% recorded during the corresponding previous twelve months.
