Rising prices for building materials
Posted: Sun Dec 22, 2024 6:54 am
The rising cost of building materials is cited as one of the main challenges facing the real estate market. It is a problem not only for property developers, but also for individuals who have started building their dream home.
According to price data, they remained relatively stable at the end of 2022, but were still more expensive compared to December 2021, and by about 20%. And what were the prices of building materials like at the thailand mobile database beginning of 2023? Well, January 2023 was 17% more expensive compared to the same period of the previous year. Based on an analysis of the sales prices of building and home and garden materials of PSB Handel SA Group, the increase is as follows:
cement, lime (+55%),
dry construction (+26%),
walls, chimneys (+21%),
tiles, bathrooms, kitchens (+20%),
waterproofing (+20%),
finished (+19%),
garden and hobbies (+19%),
paints, varnishes (+19%),
Construction chemicals (+18%),
Automotive (+18%),
installations, heating (+17%),
thermal insulation (+16%),
carpentry (+15%),
tools (+14%),
furniture, household appliances (+13%),
Roofs, gutters (+12%),
decorations (+11%),
surroundings of the house (+11%)
lighting, electricity (+10%).
In contrast, OSB boards and wood have become cheaper by around 6%. Meanwhile, in the space of one month, from December 2022 to January 2023, building materials have already managed to increase by 1%. According to forecasts, the increase in the price of building materials in 2023 will be between 4TP3T and 8%. The dynamics will be lower than in previous years, but it could still be difficult.
According to price data, they remained relatively stable at the end of 2022, but were still more expensive compared to December 2021, and by about 20%. And what were the prices of building materials like at the thailand mobile database beginning of 2023? Well, January 2023 was 17% more expensive compared to the same period of the previous year. Based on an analysis of the sales prices of building and home and garden materials of PSB Handel SA Group, the increase is as follows:
cement, lime (+55%),
dry construction (+26%),
walls, chimneys (+21%),
tiles, bathrooms, kitchens (+20%),
waterproofing (+20%),
finished (+19%),
garden and hobbies (+19%),
paints, varnishes (+19%),
Construction chemicals (+18%),
Automotive (+18%),
installations, heating (+17%),
thermal insulation (+16%),
carpentry (+15%),
tools (+14%),
furniture, household appliances (+13%),
Roofs, gutters (+12%),
decorations (+11%),
surroundings of the house (+11%)
lighting, electricity (+10%).
In contrast, OSB boards and wood have become cheaper by around 6%. Meanwhile, in the space of one month, from December 2022 to January 2023, building materials have already managed to increase by 1%. According to forecasts, the increase in the price of building materials in 2023 will be between 4TP3T and 8%. The dynamics will be lower than in previous years, but it could still be difficult.