Another change in prices in the construction sector has been recorded in Cyprus. According to new data from the Statistical Service Cystat, the Construction Materials Price Index from January to December 2025 increased by 1.3% compared to the same period in 2024. The indicator reflects the overall rise in the cost of resources used in construction, amid continued activity in real estate and infrastructure projects on the island.
On an annual basis, comparing December 2025 with December 2024, the index rose by 1.54%. At the same time, on a month-to-month basis the increase was minimal and limited to 0.1%, indicating relative price stabilization at the end of the year.
Which categories showed the greatest growth
The most noticeable year-on-year price growth was recorded in the category of mineral materials, where the increase amounted to 3.38%. Processed mineral raw materials also became more expensive by 2.62%. Electromechanical products were also in positive territory with growth of 2.23%, as were wood products, insulation, chemical and plastic materials, which together rose in price by 1.33%.
Experts link these trends to increased demand for construction projects, especially in the residential sector, as well as rising costs for importing raw materials and energy, which remain a sensitive factor for the Cypriot economy.
Materials that rose the most
A sharp rise in prices for certain types of construction materials had a significant impact on the overall index. Thus, sand for concrete became more expensive by 9.27%, marble by 7.98%, and crushed stone for concrete by 7.28%. Prices for metal fences rose by 6.6%, cables went up by 6.19%, thermal insulation materials by 5.25%, and ready-mix concrete increased in price by 4.14%. Notably, all these materials are actively used in residential construction, which directly affects the final cost of new real estate developments and renovation work in Cyprus.
Where price decreases were recorded
Against the backdrop of overall growth, some categories showed a decline compared to 2024. Steel pipes became cheaper by 7.61%, air conditioners by 6.27%, lamps by 4.9%, construction mesh by 4.1%, reinforcing steel by 3.67%. The decrease also affected additives for concrete and plaster, whose prices fell by 3.29%, and construction steel with a decline of 2.89%. Analysts note that the price declines in these segments are linked to adjustments in international metals and equipment markets, as well as increased competition among suppliers.
What this means for Cyprus’s real estate market
Overall, the data for December and for all of 2025 show that the construction materials market in Cyprus remains dynamic and sensitive to external and internal factors. Despite the moderate overall rise in the Index, mixed price movements for individual materials create both risks and opportunities for developers and private buyers.
Given continued demand for housing and infrastructure projects, experts expect that in 2026 construction costs will continue to depend on global prices for raw materials, logistics, and energy resources, making monitoring of such indicators especially important for all market participants.