Business news from Ukraine

Since beginning of year, housing prices in Ukraine have increased by 16%

22 May , 2024  

index housing prices  in Ukraine at the end of January-March 2024 amounted to 116%, while in the same period of 2023 the index amounted to 111.4%, reported the State Statistics Service (Gosstat). According to its data, in the primary market housing prices  in the first quarter of 2024 accelerated growth to 17.6% against 9.8% in the first quarter of last year. Three-room apartments went up in price the most – by 17.9%. The growth of prices for one-room apartments amounted to 17.8%, two-room apartments – 17.5%.

In the secondary market, prices accelerated growth to 15.3% in January-March 2024 against 12.5% in the same period of 2023. Thus, the price growth for one-room apartments amounted to 15.9%, two-room apartments – 15.2%, three-room apartments – 15.5%.

According to the agency, compared to the previous quarter, housing prices rose by 5.7%, with the primary market – by 5.2% and the secondary market – by 6%.

According to the State Statistics Committee, in the first quarter of 2024, prices on the “primary” increased for one-room apartments by 5.2% compared to the fourth quarter of 2023, for two-room apartments – by 5.3%, three-room apartments – by 4.9%. In the secondary market, prices rose by 6.1%, 6.2% and 5.9%, respectively.

The State Statistics Committee pointed out that the figures are given without taking into account the temporarily occupied territories and part of the territories where hostilities are (were) conducted.

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