Developers indicate the vectors of development for the real estate market in 2024.
Specialists from the Greenville Kyiv development company predict that real estate investments as a way of saving money will become relevant again this year. This is indicated by about $15B in citizens’ hryvnia deposits and another $11B in foreign currency deposits. In addition, from $60B to $100B are in the hands of Ukrainians. At the same time, dollar inflation carries certain risks, and purchasing real estate offsets inflationary losses.
Wages are slowly but steadily increasing. In 2024, salaries may reach the pre-war level.
The state compensation program for destroyed housing, eRestoration, will gain momentum.
As for prices, first, the cost per square meter will increase in the western regions, which are considered relatively safe. However, growth will not be sharp or rapid. Prices have already increased by 40% or more in some places, which is the main driver for the increase in the cost of a square meter.
Experts predict a 20%-25% increase in sales in the capital’s new buildings compared to last year’s figures.