In the third quarter of 2024, prices for residential real estate in Ukraine, compared to the same period in 2023, increased by an average of 11.7%. Prices for apartments on the primary market increased the most, according to the State Statistics Service.
The prices on the primary market have increased by 14.1% over the year and 10.5% on the secondary market. One-room apartment prices on the primary market went up by 13.9%, 10% on the secondary market, two-room apartments on the primary market jumped in price by 14.8%, 11.1% on the secondary market, three-room apartments on the primary market increased in price by 13.6% , 10.3% on the secondary market.
RIEL, a Ukrainian development company, announced that in 2024-2025 it will start building new projects with a total area of approximately 460,000 square meters. Of them, 230,000 square meters are in Kyiv and almost the same in Lviv. New residential developments were announced in Lviv and in Kyiv, with 7,360 total apartments.