Prices for new buildings will continue to grow in 2025, in the comfort class they can grow by more than 15% by the end of the year, said the press service of the developer Alliance Novobud.
“In business class prices will remain at about the same level, plus 5-10% due to the rise in the cost of building materials. At the same time, in the comfort class prices may increase by more than 15% by the end of the year”, – says Irina Mikhaleva, the company’s SMO.
According to her, the main factors that affect the cost per square meter are a significant increase in the cost of almost all types of building materials, works, as well as the shortage and, accordingly, the growth of labor costs.
She noted that the cost of building materials, prices of transportation services, electricity are constantly growing, and during construction, electricity, in particular, is used a lot. And it becomes even more expensive when generators are used or imported e/e is purchased at a higher price.
“There is a catastrophic shortage of people who can work on construction sites, this is a consequence of mobilization processes, the shortage of personnel is increasing,” Mikhailova listed the factors that have significantly affected the market.
As a consequence, developers are forced to adjust prices. In particular, according to the results of last year, the cost per square meter of housing in the comfort class increased by about 20%.
“This year we are again likely to see the rise in the price of construction materials, our suppliers are already sending new prices, therefore, for the year the cost of new housing in comfort class will again increase by at least 10-15%, and for some objects by 20%”, – she said.
Less growth is expected in business class, one of the factors of more restrained market reaction here is dumping on the part of the secondary market. For example, last summer a large number of “secondary” objects were put up for sale at prices many times less than pre-war prices.
According to Mikhaleva’s forecasts, in 2025 the construction of suburban housing will develop more actively: cottages, townhouses, etc.
“We are also considering the option of such construction, thinking about the possibility of cottage or townhouse project,” she said.
According to the data of the portal of new buildings LUN, Alliance Novobud was founded in 2006, since 2010 the company has commissioned 32 houses, in the process of realization of 9 houses and a country house project.
