Overview of the Ukrainian Real Estate Market in May: Prices, Activity, and New Developments

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In May, the Ukrainian real estate market experienced a lively dynamic regarding both the introduction of new properties and changes in housing prices. According to the marketplace DIM.RIA, four new developments were commissioned during the month: two of them are located in the Lviv region, and one each in the Kyiv and Zakarpattia regions.

This is reported by Finway

Price Trends in the Primary Market

In most regions of Ukraine, prices in the primary market have increased. The largest price increases were recorded in the Chernihiv and Zhytomyr regions, with an 8% rise, as well as in the Kyiv region, which saw a 6% increase. Meanwhile, only the Kirovohrad region showed a decrease in the average price, by 5%. Kyiv remains the leader in housing costs: the average price per square meter here reaches $1,409. In frontline regions such as Zaporizhzhia, Sumy, and Mykolaiv, new developments remain the cheapest.

Activity in the Secondary Market and Demand

In the secondary market, the highest number of sales listings came from the Volyn, Rivne, and Mykolaiv regions. The price of one-bedroom apartments continued to rise in most regions, with the largest increase observed in the Kherson region — up by 16%. At the same time, one-bedroom housing remains the cheapest in Ukraine in this region. The most expensive one-bedroom apartments are in the capital, where their price reaches $92,400.

“Prices in the primary market are showing growth in most regions. The largest increases were recorded in the Chernihiv (+8%), Zhytomyr (+8%), and Kyiv (+6%) regions. Only Kirovohrad showed a decrease — on average by 5%. Kyiv remains the most expensive city: the average price is $1,409 per square meter”.

Among users of the marketplace, the highest activity in searching for secondary real estate in May was observed in the Khmelnytskyi, Odesa, and Volyn regions.

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