Demand for apartments in Ukraine as a whole remains stable, and with the end of the lockdown there has been an upward trend, Director General of the Finance and Investment Association (FIMA) Viktoria Volkovska has told Interfax-Ukraine.
“According to a FIMA study, still the majority [76.9%] – buyers who report a desire to improve their living conditions. The share of investors purchasing housing for rent is about 38.5%. Such categories as displaced persons from the East and Crimea, of course, are present, but do not constitute a significant amount,” she said.
According to an online survey of construction finance fund managers, conducted following the first half of 2021, some 61.5% of respondents said that demand for housing has not changed significantly, and 15.4% said that demand has decreased by 10-20%. At the same time, 15.4% of respondents said that demand increased by 10-20% and 7.7% – by more than 20%.
“In early 2021, due to a prolonged quarantine period and a drop in income, we noted shrinkage in real demand. In April-May 2021, the situation changed for the better and the number of apartments sold reached the pre-quarantine level. Now the real estate market is showing a tendency towards full recovery to the indicators of a relatively successful 2019,” Yuriy Zavialych, the director of financial company Intersvit LLC (Lviv), said.
The Finance and Investment Management Association (FIMA) was established in May 2020. It unites 41 financial companies-managers of construction financing funds in Kyiv, Lviv, Odesa, Dnipropetrovsk, Khmelnytsky and Kharkiv.
