Here is how the Ukraine real estate market has changed after 1.5 years of war.

Tuesday, October 10, 2023
Here is how the Ukraine real estate market has changed after 1.5 years of war.

As for housing rent, at the end of September the number of vacant properties continues to decrease. Since the beginning of the year, the number of advertisements in the Kyiv region has fallen by 47%. In Sumy – by 97%, and in Chernihiv – by 60%.

The average price of renting a one-room apartment in the capital is ₴21,167 ($580), and in the region is ₴8,886 ($245). Compared to September 2022, the price of housing in Kyiv has increased by 29%. The lowest average price for renting a one-room apartment was recorded in the Kherson and Sumy regions, at ₴3,250 and ₴4,000.

At the same time, the median price for housing under construction as of October 2023 in Lviv is ₴48,100 per square meter, and in Kyiv, it is ₴47,000 per square meter, reported LUN top manager Olena Unanyan.

“For the first time, Lviv took first place by a small margin: the average price is only 2% more expensive than in Kyiv,” she commented.

Uzhgorod took third place with ₴42,000 per square meter, overtaking Dnipro (₴41,600) and Odesa (₴36,600).

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