At the beginning of 2024, the construction industry was experiencing a boom, but by the end of the year the situation changed due to the abolition of preferential mortgages and the increase in the key rate of the Central Bank, which led to a significant drop in sales in the real estate market - in the mass segment by 70-90%.
Komlev, speaking to Izvestia, noted that many developers, faced with increased credit loads, will not be able to complete projects, which will reduce demand for construction products.
As a result, manufacturing companies will be forced to reduce prices for materials, and by the middle of 2025 they are expected to fall.
By the way, contractors have almost completely switched to the use of domestic materials and machinery for the construction of social facilities. The use of foreign equipment in road construction is also being reduced.
Earlier it was written that building materials will increase in price by 5-10%.
It was reported that housing repairs in Russia will rise in price after the New Year.