In Ukraine, there is a gradual recovery of activity in the real estate market. Since the start of the full-scale war, approximately 222,000 new apartments have been put into operation, the majority of which are located in the Kyiv (84,900 apartments), Lviv (27,700 apartments), and Odesa (24,300 apartments) regions.
This is reported by Business • Media
Growth in New Residential Projects
As of October 2025, there are housing options available in 1,500 residential complexes across the country. The largest number of such projects is located in the Kyiv region — 409 projects (27% of the total), in Lviv — 259 (17%), and in Odesa — 114 (8%). In the first nine months of the current year, sales began in 174 new residential complexes, demonstrating a 12% increase compared to the same period last year. The most significant growth is observed in Kyiv and the surrounding area, where this figure increased by 61% (37 new residential complexes), as well as in the Lviv region — by 24% (52 new residential complexes).
Price Dynamics in the Primary and Secondary Markets
In the context of the war, the highest growth in sales of apartments in new buildings was recorded in the Lviv region (24%), Kyiv (18%), Ivano-Frankivsk (15%), Zakarpattia (9%), and Ternopil (5%) regions. At the same time, apartment prices in residential complexes have risen the most in Ivano-Frankivsk — by 70%, in Rivne — by 54%, and in Uzhhorod — by 47%. Over the last three quarters, apartments have increased the most in price in Rivne (by 19%), Ternopil and Odesa (by 15%), as well as in Khmelnytskyi (by 13%).
“Regarding the secondary market, the highest prices for one-bedroom apartments are recorded in Kyiv ($65,000), Lviv ($64,500), Uzhhorod ($59,200), Chernivtsi ($55,000), and Rivne ($52,000)”.
This development in the real estate market indicates a gradual restoration of buyer confidence in investments in housing and a stabilization of the situation in Ukraine’s construction sector.