“The price of construction has increased by 20%”

– said the President of the residential developer “Kyivmiskbud”, Igor Kushnir. If we are to compare the square meter price from August 2020 to August 2021, the average price has in Kyiv has increased by almost UAH 6000 ($230). This is due to rising prices for construction materials, and worldwide inflationary trends. The price of steel has risen by almost 50%. Pulling reinforced concrete, fittings, radiators, cables, windows and other components that contain metal have increased by 30%, along with more expensive building materials including mineral wool, tiles, gravel, and sand.