Estonia: construction price growth 2014-2023
In 2023, construction prices in Estonia grew by over six percent relative to the previous year. The prices have increased since 2017, with the highest growth rate recorded in 2022 at 18 percent.
In 2023, construction prices in Estonia grew by over six percent relative to the previous year. The prices have increased since 2017, with the highest growth rate recorded in 2022 at 18 percent.
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Development of construction costs
Cost per square meter
Material prices
Fixtures and fittings
Labor costs
Land prices
Cost of equipment and machinery
Shortages and challenges