Ukrainians warned about sharp rise in apartment prices: how real estate prices will change.

Housing prices in Ukraine continue to rise

Experts predict that housing prices in Ukraine will continue to rise until 2025. This prompts potential buyers to purchase real estate now to avoid future costs.

According to the publication 'Hromadske', the increase in demand and prices is facilitated by a decrease in shelling and a general improvement in security in the country. In addition, the state budget for 2025 has set the exchange rate of the hryvnia to the dollar at 45, which also affects the increase in housing prices.

'In the primary market, the price per square meter is traditionally tied to the dollar exchange rate,' explained Marianna Bihunets from the company Gazda.

It is noted that Gazda expects the cost of housing in the primary market to grow by at least 20% in 2025, while more favorable projects may increase by 25-30%.

Additionally, experts from Perfect Group predict an increase in housing prices in Kyiv. The cost of new apartments ('primary housing') will rise by 5-10% by the end of 2023, reaching 65 thousand hryvnias per square meter by mid-2025. A similar trend is expected in the secondary market with a price increase of 7-10% by the end of next year.

Several key factors that will influence the rise in real estate prices in Ukraine have been identified by analysts from the OLX portal. In particular, the expansion of the state mortgage program 'EOselya', the rise in the dollar exchange rate, and the increasing costs of construction materials, salaries, and taxes when purchasing housing. All these factors may increase real estate prices in the future.