Residential housing increased by 27% last year y-o-y, to 11 million square meters

Tuesday, March 10, 2020
Residential housing increased by 27% last year y-o-y, to 11 million square meters

Residential housing increased by 27% last year y-o-y, to 11 million square meters. Newly commissioned housing was almost evenly split between single family houses – 53% — and apartments – 47%. Of the total, 62% were in urban areas. Kyiv City led the nation, with 1.1 million new square meters.

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With the hryvnia down almost 7% against the dollar this year, the central bank intervened Tuesday morning, selling $250 million in foreign currency reserves.

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