Housing
Building more is getting more and more expensive!
Construction costs for new housing in Portugal rose 6.8% in July compared to the same month in 2025. This increase is driven by a 6.3% rise in the cost of construction materials—such as copper wire, PVC pipes, and bitumen—and a 7.3% increase in labour costs.
Why it matters
If you are planning to buy a new home, this persistent upward trend in production costs suggests that market prices are unlikely to drop significantly, despite increased efforts to boost housing supply.The Portugal NewsRead original ↗
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