More than 35 thousand apartments were commissioned in Ukraine in 2022, most of them – in Kiev and the region, according to the real estate portal LUN.
According to its data, about 13.2 thousand apartments were commissioned in Kiev, 7.2 thousand – in the Kiev region. Lviv is also among the leaders – 3.8 thousand, Odessa – 2.3 thousand, Ivano-Frankivsk – 1.6 thousand apartments.
Most queues of new buildings which received a certificate of commissioning were recorded in the Kiev region (66), Kiev (40) and Lviv (32). Over ten queues are also commissioned in Ivano-Frankivsk (17), Odessa (12), Ternopil, Lutsk and Khmelnytsky (10).
At the same time, the number of objects at the start of construction in 2022 was halved: as for the third quarter, construction began on 68 thousand new apartments, according to the portal.
According to LUN, interest in buying a home has decreased by half compared to the prewar beginning of the year. Thus, in Kiev the figure is 45% of February, in Lviv – 54%, Odessa – 43%, Uzhgorod – 68%, Dnipro – 57%.
At the same time the cost of housing has increased despite the decline in demand. According to the portal, the cost per square meter in the most popular class of housing – “comfort” – in the capital increased by 37% to 37 thousand UAH, in Lviv – by 60%, to 38.3 ths. In Lviv – 60% increased up to 38.3 thousand UAH, in Uzhgorod – 57% up to 34.2 thousand UAH, in Ivano-Frankivsk – 63% up to 222 thousand UAH, in Odessa – 56% up to 35.9 thousand UAH, in Dnipro – 44% up to 33.1 thousand UAH, in Poltava – 37% up to 30 thousand UAH.
By the end of the year the cost of the cheapest one-bedroom apartment in Kiev increased by 66% since the beginning of the year and is 2.3 million UAH, 2-bedroom – “plus” 70%, 3.2 million UAH, the price of 3-bedroom increased by 76% to 4.4 million UAH.
LUN estimated that the number of new buildings available for sale in Kiev is 83% (182 new buildings by the end of the year) from the prewar beginning of the year, in Lviv – 103% (121 new buildings), in Odessa – 72% (79 objects), in Dnipro – 63% (42), Ivano-Frankovsk – 98% (70), in Khmelnytsky – 77% (56), in Ternopil – 132% (69).
“Due to the war and losses in the economy, housing has become less affordable, and the need for it – much more acute. It can already be argued that more than 1 million families in Ukraine need new housing. It is impossible to satisfy this demand with the apartments that have already been built, because so many apartments are not on sale, and that is why Ukraine is waiting for the Big Housing Construction phase. The state understands this and has plans to expand the scale of preferential mortgages, but this will still not be enough to cover the needs of IDPs, so we expect further steps from the authorities”, – summarized Denis Sudilkovsky, marketing director of LUN.
