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The volume of new housing construction in Ukraine fell by 8%.

In the first quarter, real estate developers started construction on a record low number of new buildings.

The volume of new housing construction in Ukraine fell by 8%.

According to the State Statistics Service, the total area of ​​residential buildings for which construction permits were issued (new construction) decreased by 7.7% in January-June 2024 compared to the first half of 2023 – to 2.45 million square meters.

The largest number of new housing projects in the first half of the year were started in the Kyiv region: the total area of ​​new housing construction was 383,000 square meters (8,300 apartments). Significant amounts of new housing were also started in Lviv Oblast – 327,600 square meters (4,700 flats), as well as in the Ivano-Frankivsk – 217,400 square meters (3,600 apartments), Vinnytsia – 213,800 square meters (3,400 flats), Zakarpattia – 143,400 square meters (2,100 apartments) and Khmelnytskyi– 121,100 square meters (1,800 apartments) regions.

In Kyiv, the total new housing construction area was 187,900 square meters (1,500 apartments).

 

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