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Ukraine’s construction costs up 20% in 2023, may cause 2024 price hikes
Journal Staff Report

KYIV, Dec 26 – Construction costs for 2023 grew by up to 20%, which will affect price hikes in 2024, Head of the Greenville Kyiv sales department Susanna Karakhanian has told Interfax-Ukraine.

"The cost of construction has increased by about 15-20% everywhere. Our projects are no exception. This will affect the cost per square meter: over the next year prices will rise, but not critically, because developers are trying to maintain demand," she said.




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