Apartments in new buildings in Ukraine have lost 10% of their value.

Friday, September 2, 2022
Apartments in new buildings in Ukraine have lost 10% of their value.

For the eight months of the current year, the average cost of housing in the primary real estate market has decreased by 10% in dollar terms and is now $669 per square meter, dom.ria reported. In hryvnia equivalent, prices increased by 28% to UAH 27,300 In Kyiv at the end of August, the average price per square meter was UAH 41,800. The portal data show that 81% of new buildings increased their price in the national currency during the summer, and 16% of new buildings did not change their value at all. Construction in 42% of new buildings continues or resumed, and more than 35% adjusted the terms for putting their buildings into operation. 8% of construction projects declared a complete halt for the duration of martial law and 2% have focused on restoration work.

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