Business news from Ukraine

Business news from Ukraine

Apartment prices in Ukraine rose by 11.2% in first quarter

The housing price index in Ukraine for January-March 2025 was 111.2%, while for the same period in 2024, the figure was 116%, according to the State Statistics Service (Gosstat). According to its data, in the primary market, housing prices slowed to 14.8% in the first quarter of 2025, compared to 17.6% in the first quarter of last year. Two-room apartments rose the most in price, by 15.1%. Prices for one-room and three-room apartments rose by 14.4%.

In the secondary market, prices slowed to 9.3% in January-March 2025, compared to 15.3% in the same period of 2024. Thus, prices for one-room apartments rose by 9%, two-room apartments by 9.7%, and three-room apartments by 9.4%.

According to the statistics agency, compared to the previous quarter, housing prices rose by 3.9%, with a 4.3% increase in the primary market and a 3.6% increase in the secondary market.

According to the State Statistics Service, in the first quarter of 2025, prices in the primary market rose by 4.4% for one-room apartments compared to the fourth quarter of 2024, and by 4.2% for two-room and three-room apartments. In the secondary market, prices rose by 3.7%, 3.5%, and 3.7%, respectively.

As reported, according to the State Statistics Service, housing prices rose by 12.7% in 2024.

The State Statistics Service noted that the figures do not include temporarily occupied territories and parts of territories where hostilities are (were) ongoing.