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New housing construction in Ukraine decreased by 39%.

Residential and commercial construction in Ukraine collapsed last year.

Crane and building under construction against blue sky

According to the State Statistics Service, the total area of residential buildings for which construction permits have been issued (new construction) decreased by 39% in the nine months of the year compared to the same period in 2022 – to 3.17 million square meters.

In particular, the total area of new apartment buildings constructed was 3.06 million square meters. (96% of the total volume). In Kyiv, the total area of new housing construction decreased by 54.7% to 296,100 square meters. In the Kyiv region, the drop was 68.2%, to 468.3 million square meters, in Lviv, by 24.9%, and in Khmelnytsky, by 25.2%. Also, the Rivne (-80%), Volyn (-77%), Ternopil (-66.5%), and Odesa (-59.2%) regions also showed a significant reduction in volumes.

At the same time, the largest growth was recorded in the Chernivtsi region (+326.4%), the Ivano-Frankivsk region (+281%), the Dnipropetrovsk region (+131.2%), the Vinnytsia region (+40.4%) and the Zakarpattia region (+15.3%). In the remaining areas of Ukraine, the amount of new construction was less than 100,000 square meters for the period.

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