The housing price index in Ukraine reached 112.7% in 2024, up from 114.5% in 2023 and 113% in 2022, the State Statistics Service (Ukrstat) reported.
According to it, in the primary market, housing prices rose by 15% in 2024, accelerating growth compared to 2023, when the figure was 12.8%. At the same time, one-bedroom apartments went up by 14.9%, two-bedroom apartments by 15.3%, and three-bedroom apartments by 14.8%.
At the same time, housing prices in the secondary market slowed down. Thus, the secondary market rose by 11.6% on average, which is 4 percentage points lower than in 2023. One-bedroom apartments in the secondary market went up by 11.5%, two-bedroom apartments by 11.9%, and three-bedroom apartments by 11.5%.
According to the agency, in the fourth quarter of 2024, the house price index fell to 113.1% compared to 116.1% in the fourth quarter of 2023. In particular, in October-December 2024, prices in the primary market increased by 15.8% compared to 14.6% in October-December 2023, while in the secondary market, the price growth rate slowed down to 11.9% compared to 17%, respectively.
In the fourth quarter of 2024, the housing price index increased by 0.6 percentage points to 103.5% compared to the third quarter. In particular, in the primary market, housing prices rose by an average of 4%: one-bedroom apartments – by 3.9%, two-bedroom apartments – by 4%, three-bedroom apartments – by 4.1%.
In the secondary market, housing prices rose by 3.3% in the fourth quarter of 2023, compared to 2.5% in the third quarter. One-room apartments rose in price by 3.2%, two- and three-room apartments – by 3.3% and 3.4%, respectively.
The State Statistics Service noted that the figures exclude the temporarily occupied territories and parts of the territories where military operations are (were) underway.
