diff --git a/Makefile b/Makefile
index 493330c092..e8f0724b5b 100644
--- a/Makefile
+++ b/Makefile
@@ -1,12 +1,12 @@
 # Makefile for QEMU.
 
-VPATH=$(SRC_PATH):$(SRC_PATH)/hw
-
 include config-host.mak
 
 .PHONY: all clean distclean dvi info install install-doc tar tarbin \
 	speed test html dvi info
 
+VPATH=$(SRC_PATH):$(SRC_PATH)/hw
+
 BASE_CFLAGS=
 BASE_LDFLAGS=