Ukraine’s demand for housing in new buildings reaches only 35% of the pre-war level.

The demand for housing in new construction in Ukraine is approximately 35% of the pre-war level, but in some western regions, it has increased by 50%, according to the GAZDA construction company.

It is reported that more than 90% of the demand for primary housing is currently concentrated in cities considered safer, such as Uzhhorod, Chernivtsi, Lviv, Ivano-Frankivsk, Zhytomyr, Dnipro, Vinnytsia, and Kyiv.

Most buyers are interested in ready-to-occupy housing or objects at the final stage of construction. Up to a third of the demand is made up of new lines of residential complexes or cottage towns under active construction, and approximately a fifth of demand is for objects that are 30% complete.

Meanwhile, apartments in new buildings are becoming cheaper in Kyiv. Over the past month, the price per square meter fell by 14.3% (-$206.2) to $1,235. However, analysts note that this is an emerging trend because, over the past six months, the price for a square meter, on the contrary, became more expensive by $197 (18.77%).