After the war in Ukraine ends, a significant increase in housing prices is expected. Experts note that the demand for real estate will return, and the activation of construction companies will further impact the rise in apartment prices. One of the reasons for the price increase is the constant rise in the cost of building materials, the increase in builders’ wages, and the overall cost of construction work.
This is reported by Finway
Real Estate Market: Analysis of Dynamics and Trends
Lawyer, founder, and director of the real estate company “Harmony of Real Estate” Tetiana Tsarelunha emphasizes that housing prices are already rising every month, and there is no trend towards a decrease. She highlights that price reductions were only observed in the first months of the full-scale invasion when panic and uncertainty paralyzed the market. After that, prices stabilized and subsequently began to rise confidently.
“Prices will certainly increase as soon as the war ends. Because most people are simply afraid to invest their money. Even investors understand that they are currently taking certain risks. Therefore, investments will certainly increase, builders will start constructing even more, and, of course, housing prices will rise. Because the costs of building materials, labor, and the cost of these works are also increasing. And it has already risen significantly and will continue to rise even more. Therefore, housing prices will increase several times,” said Tsarelunha.
According to the expert, in the first six months after the start of the full-scale war, buyers and sellers were disoriented regarding pricing. However, after six months, the market began to recover, and prices started to rise. Currently, they continue to increase, and after the end of hostilities, a further significant increase in real estate prices is predicted.
Current Situation in the Housing Market
As of December 2025, the average price of a one-bedroom apartment in the secondary market in Kyiv is $66,000, which is 10% higher compared to last year. In Lviv, the price of a one-bedroom apartment in the secondary market is even higher at $67,000, making it one of the highest prices in Ukraine.
Research from the OLX Real Estate platform shows that in large cities across the country, the cost of renting a one-bedroom apartment has nearly equaled the cost of purchasing such housing over a period of 12–14 years. This indicates the growing attractiveness of buying one’s own home for Ukrainians, despite the constant rise in prices.