Primary housing market dynamics are currently showing growth after their collapse in the first year of the war when the pace of construction fell by an average of 65%.
Since the beginning of the full-scale invasion, sales have started in 481 residential complexes. Almost a third of the total number was launched in Lviv and the region (138 housing complexes) – this is 100% more than in Kyiv and the region. During the war, sales have been completed for more than 500 projects. Lviv Oblast leads again in this metric but with a smaller margin than in the capital region – 115 against 101. Ivano-Frankivsk, Odesa, and Khmelnytskyi Oblasts are also among the leaders.
With regard to finished projects, in the first half of the year 4.5 million square meters were commissioned in Ukraine, 30% more than the previous year and 100% more than in 2022. The indicator for the year’s first half is also 5% lower than in the pre-war year 2021. However, it is worth considering that the share of private house construction has increased compared to last year.