Developers share 2025 forecasts for new housing in Ukraine.
Wednesday, December 11, 2024
In 2025, depending on the construction stage, the new building’s region, and the object’s quality and class, the price increases on the primary housing market may range from 10% to 20-25%.
“If the macroeconomic situation is relatively stable, prices will increase within 5-10% due to inflation and the gradual recovery of the construction industry. Demand from displaced persons and the shortage of new housing will also raise prices because almost no new projects have been launched,” Alliance Novobud noted.
The GAZDA construction company predicts an even more significant price increase for several reasons:
- The level of inflation will affect the rise in the cost of building materials and construction and installation works.
- The dollar exchange rate may increase by an average of 10%.
- Changes in taxation, particularly an increase in military duty from 1.5% to 5%.
- Demand level – price differentiation is possible according to several criteria: safe location, residential complex quality, state of construction, and housing purchasing method (mortgage, installments).