Construction costs indices for new residential buildings, 3rd quarter 2024

Construction costs for new residential buildings lower than in the previous quarter

In the third quarter of 2024, construction costs for new residential buildings in Slovenia were lower than in the previous quarter but higher than in the same quarter last year.

  • 13 december 2024 ob 10:30
  • |
  • final data
Construction costs for new residential buildings decreased … 

In the third quarter of this year, construction costs for new residential buildings were 4.8% lower than in the previous quarter. They were 1.5% higher than in the third quarter of 2023 and 3.5% higher than in the first three quarters of 2023. 

… as did labour costs 

Labour costs for constructing new residential buildings were 9.8% lower than in the previous quarter. Compared to the third quarter of 2023, they increased by 4.3% and compared to the first three quarters of 2023 by 10.5%.

… and construction material costs  

Construction material costs decreased again, this time they were 0.5% lower than in the previous quarter. Compared to the third quarter of 2023, they went down by 1.7% and compared to the first three quarters of 2023 by 2.7%.

The table with the latest data is available in the SiStat Database.
Construction costs indices for new residential buildings, Slovenia
Construction costs indices for new residential buildings, Slovenia
Construction costs indices for new residential buildings, Slovenia
Q3 2024
Q2 2024
Q3 2024
Q3 2023
Q1–Q3 2024
Q1–Q3 2023
% change
Construction costs-4.81.53.5
  Material costs-0.5-1.7-2.7
  Labour costs-9.84.310.5
METODOLOŠKO OPOZORILO

Additional explanations are available in the methodological explanations.

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