Construction costs continue to decline and fall for the second consecutive month

Real Estate Developement

javier | Oct. 5, 2022, 11:45 a.m.

It seems that according to the Mitma index, construction costs reached a maximum in May 2022, and continue their downward trend according to the August figures, just published. The drop in the cost of steel is the main cause of the decline. We hope that the trend will consolidate towards the end of the year, providing developers and constructors with relief in the face of a difficult 2023.