According to experts, the Ukrainian real estate market is currently showing signs of stabilization and gradual recovery. In the primary market, prices continue to rise, driven not only by high demand but also by the increasing cost of construction materials due to the devaluation of the hryvnia, complications in logistics chains, and a labor shortage caused by emigration and mobilization in the country.
This is reported by Business • Media
The trends characteristic of the primary market in 2024, including rising housing prices in cities, a slight decrease in demand (around 5%), and an increase in supply, will persist into 2025.
The Situation in the Secondary Market and Future Forecasts
In the secondary market, demand remains stable, partially supported by the preferential mortgage program “eOselya”. Experts note that a sharp increase in demand after the war is unlikely. The main factors influencing the market will be the redistribution of the budget with a reduction in military spending and an increase in social expenditures, which will lead to inflationary pressure and a decrease in the purchasing power of the population.
Moreover, foreign investments will primarily focus on specific projects in key cities, but their impact on the overall market will remain limited due to labor challenges and inflationary risks.