Despite strong demand, high prices and long construction timeframes prevent Ukrainians from investing in housing.

Over the next five years, 37% of Kyiv residents want to buy new homes. Demand is restrained by high prices (cited by 78% of respondents) and unpredictable construction times, according to a study by the Ukrainian Association of Developers. The study also indicates that 85% of Kyiv residents want to improve their living conditions. A third of respondents (33%) are ready to buy homes in new buildings, while a fifth (21%) focus on the secondary market and 43% are considering both options. Only 10% plan to buy new housing within the next year, indicating limited short-term demand. In fact, most housing demand in Ukraine is deferred: 21% plan to buy in two years, 22% in three years, and 33% within five years. Up to 2.4 million people in Ukraine may be planning to buy new homes. The solvent deferred demand in Kyiv is around 190,000 people, with the majority (52%) planning to buy property using their savings. About a third (30%) will rely on a mortgage without selling current housing, and roughly the same (29%) plan to sell their existing property in order to buy a new residence. Nearly a quarter (26%) are prepared to activate a deferral from the developer, while 19% plan to combine a mortgage with selling their current home.