Demand for rental housing in the capital in August increased by 30-40% compared to the previous month, for the purchase of residential real estate by 45%, the press service of the Park Lane real estate agency reported.
“We are seeing a significant increase in demand, as pent-up demand has formed over the past six months, which is now being realized. Autumn has always been an active season, and this year, despite the circumstances, we see activity in the market,” explains Victoria Barabash, CEO of Park Lane Academy of Sciences, the words of which are given in the press release.
According to her, demand is affected by the return to the capital of those who previously temporarily left Kyiv due to Russia’s military invasion of Ukraine.
“The number of calls and transactions in the rental market has reached pre-war levels,” Barabash said.
Demand in the rental market is observed mainly for apartments in different districts of the capital costing 10-20 thousand UAH. The most popular are 1-3-room apartments with an area of 45-70 sq. m.
“Requests of tenants have not changed significantly compared to the pre-war period. The greatest interest is still in apartments in new buildings, most often with their own territory, parking. Also, a certain percentage of tenants are interested in apartments in early construction houses. However, the main selection criterion is high-quality repairs and comfort of living,” Barabash clarifies.
If we talk about buying a home, the most active demand is for 1-3-room renovated apartments. About 70%, as at the end of 2021, falls on housing in new buildings. Most buyers are interested in Pechersky, Solomensky, Shevchenkovsky, Goloseevsky, Darnitsky districts, according to a press release.
“We are seeing an increase in demand, an increase in the number of applications, starting from the beginning of August. Regarding the level of discounts, they are exclusively individual and depend on the situation of the owner and his willingness to discount,” Barabash states.
In her opinion, the dynamics of demand makes it possible to talk about optimistic forecasts for the market and the activity of the autumn season.
The Park Lane real estate agency was registered in Ukraine in 2006 and is part of the First Realty Group corporation.
