Mortgage lending in Ukraine increased by 29% at the start of the year, while the average rate decreased to 8.3% per annum.

According to the NBU, in January of this year Ukrainian banks issued 475 mortgage loans totaling ₴867M ($21M), a 29% increase compared to December 2024. In January, most loans were issued in the secondary real estate market, both in terms of volume and quantity. The average effective rate remained at 8.3% per annum.

The most mortgage loans were issued:

1. In the capital and Kyiv region (260 agreements totaling ₴517.3M, 59.7% of the total)
2. In Lviv region (23 agreements totaling ₴45.2M)
3. In Ivano-Frankivsk region (22 loans totaling ₴33.7M)

It should be noted that the National Bank has identified the mortgage lending’s development as one of its priorities for 2025 and it is actively working on a strategy in this area. In addition, the government reported that since launching the eOselya preferential mortgage program, 16,125 families have received loans totaling over ₴26.4B. Last week, 109 loans totaling ₴202M were issued.