1. The increase in costs is a steady trend, not a temporary deviation

Over three years of full-scale war, the construction cost has nearly doubled — by 90–115% depending on the class of housing. In certain segments, such as "comfort+", costs have increased by another 17% just at the beginning of 2025. This indicates that construction is entering a new economic reality where expenses are constantly rising and are almost equal to market prices.

2. Labor shortage is a critical influencing factor

Due to mobilization, emigration, and the loss of qualified specialists, only 40–50% of the pre-war workforce remains in the construction sector. The shortage of welders, crane operators, heavy machinery operators, and even laborers forces companies to significantly raise salaries, attract contractors from other regions or countries, which directly affects the rise in costs.

3. Materials are becoming more expensive due to production, logistics, and energy crises

The significant price increase for concrete (+50%), drywall (+35–45%), tiles (+50–60%), plaster, and façade materials is due not only to inflation but also to a drop in production capacities to 30–40% of pre-war levels, rising energy costs, supply chain complexities, and raw material shortages.

4. Dependency on imports is increasing and creating new risks

The share of imported materials in projects has risen to nearly 25%. The vast majority of ventilation systems, electrical equipment, and elevators are of foreign production. This increases dependency on exchange rates, customs regulations, and the stability of international logistics.

5. The construction industry is changing its approach to design and management

Against the backdrop of financial pressure, developers are focusing on optimizing technical solutions, adaptive design, risk forecasting, and effective collaboration with contractors. All of this becomes not just a competitive advantage but a condition for survival in the market.

Source Delo. ua