Primary real estate in Ukraine will increase in price by 5-10% by the end of the year.

According to the real estate developer Intergal-Bud, an upward price trend returned to Ukraine’s primary real estate market in July. Currently, prices are slightly higher than at the beginning of the year.

Moreover, the heating season is ahead, and possible blackouts will hold back sales and increase prices. “We can expect a 5-10% increase in real estate value by the end of this year,” the company predicts. ENSO, a real estate development company, predicts slightly lower 3-5% growth. In turn, Alliance Novobud notes that there are currently no valid reasons for a price drop, especially for economy and comfort or comfort+ class housing.

This will be facilitated by a shortage of ready-made housing, which is currently being actively bought up by participants in the state programs eOselya and  eVidnovlennya and a small number of new project launches, particularly in the capital. The KAN Development company calls the increase in the population’s tax burden a direct risk of further price increases, which will also apply to real estate purchase and sale agreements.