In January 2025, banks in Ukraine issued 475 mortgage loans totaling 867 million hryvnias. This figure exceeds the volumes recorded in December of last year by 29%. The press service of the National Bank of Ukraine reports this, citing the results of a monthly survey of financial institutions.
This is reported by Finway
Trends in the Mortgage Market
It is noted that the vast majority of mortgage loans were issued on the secondary real estate market. According to the NBU, the weighted average effective interest rate in January was 8.3% per annum.
Regional Indicators
According to regional data, the most mortgage loans in January were issued in:
- Kyiv and Kyiv region — 260 contracts totaling 517.3 million hryvnias, which accounts for 59.7% of the total volume;
- Lviv region — 23 contracts for 45.2 million hryvnias;
- Ivano-Frankivsk region — 22 contracts for 33.7 million hryvnias.
Additionally, there is a growing interest among Ukrainians in purchasing private homes, as evidenced by the dynamics of land sale agreements over the past year. At the same time, according to a study by OLX Real Estate, rental costs vary significantly depending on the city, income, and rental prices. In regions near active combat zones, rental costs can account for 15-30% of income, while in Lviv, Uzhhorod, and Kyiv, these costs take up a significant portion of the budget.