In Ukraine, trends in the real estate market indicate a further increase in apartment prices, driven by geopolitical factors, inflation, and an imbalance between supply and demand. Experts predict that housing prices will rise by 1-3% in the near future, making real estate investments particularly relevant now.
This is reported by Finway
This was reported by real estate market analyst Viktoria Bereshchak in her commentary. Changes in the Ukrainian real estate market depend on many factors, including economic, political, and social aspects.
Main Factors Driving Real Estate Price Increases
The rising cost per square meter is becoming noticeable, and both buyers and sellers are closely monitoring the situation. The main factors influencing prices are:
- Geopolitical Situation: The war and the prospects for its resolution remain key factors affecting purchasing activity. According to Viktoria Bereshchak, the emergence of hope for stability encourages buyers to actively invest in the primary market, while uncertainty restrains investments.
- Collaboration Between Developers and Financial Groups: Construction companies are increasingly entering into partnership agreements with banks and investment funds, expanding financial programs, including installment options. The expert notes: “Demand for long-term installments is growing, especially in the Kyiv region.”
- Inflation and Rising Costs: The increase in the cost of construction materials, logistics, and labor directly affects the final price of housing. In the first quarter of 2025 alone, prices in the primary market rose by 5% in the national currency. “The most significant increase is observed in the comfort-plus segment, where prices have risen by 7%,” adds Bereshchak.
- Seasonal Fluctuations: Spring is traditionally an active period for the real estate market when construction resumes after the winter lull.
- Supply and Demand: The situation where the demand for quality new builds exceeds supply also contributes to price increases.
Forecasts for April 2025
According to forecasts, in April 2025, apartment prices may rise by another 1-3%, depending on the region and the stage of construction of a specific property. For potential buyers, this means they should make decisions as quickly as possible to lock in current prices. Sellers, in turn, may want to consider waiting to sell their properties at a higher value.