In Ukraine, apartments on the primary real estate market will rise in price in the near future. This is due to the increased cost of building materials. The price per square meter will grow by 5-7%.
This was told by an expert in the field of real estate Victoria Bereshchak, reports UBR.ua… The cost of building materials on an annualized basis, depending on the category, grows by an average of 10-15%. Most expensive reinforcement, concrete, ceramic block and insulation.
“A sharp jump in prices for metal structures, of course, will pull the growth of costs, because the percentage of metal in construction is quite large, and its component in the project budget is significant. Moreover, we see inflation fears growing around the world. The cheaper the dollar becomes, Thus, commodities become more expensive. In addition, if there are certain problems with raw materials (supply restrictions or rush demand), this also heats up the cost “, – explains the expert.
Real estate prices are in direct correlation with the rise in production costs. The latter is under constant pressure from higher prices for building materials, components and construction and installation work.
Bereshchak predicts that the rise in metal prices will continue to put pressure on the weighted average cost per square meter. It is likely that the potential for price growth in the next quarter will average 5-7% in the market, and in annual terms – up to 15%.
Earlier it was reported that for 4 months of 2021 compared to the same period last year, the number of transactions in the secondary market of Kiev increased by at least 5-7%… In large cities such as Odessa, Lvov, Kharkov and Dnipro, the number of transactions increased by an average of 3-5%.
As previously wrote OBOZREVATEL:
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