| Material | Unit | This Week | Last Week | Change | Range | Source |
|---|---|---|---|---|---|---|
| Loading... | ||||||
Zimbabwe's construction sector grew 7.2% in 2025, driven by diaspora remittances, government housing programmes, and rising commercial development in Harare and Bulawayo. The country faces an estimated housing deficit of 1.2 million units — creating sustained demand for building materials.
Cement prices have risen due to higher input costs and strong demand from both residential and infrastructure projects. Steel prices track import parity from South Africa and are sensitive to the USD/ZAR exchange rate. Local brick production has struggled to keep pace with demand in peri-urban areas around Harare and Chitungwiza.
The Zimbabwe National Housing Corporation (ZNHC) targets 50,000 new units per year, though actual delivery has been significantly below this figure. Private developers, diaspora-funded self-builds, and informal construction account for the majority of building activity.