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Real estate market of Kyiv: recovery of demand and new trends

After the fall in 2022, the Kyiv real estate market is gradually recovering. However, the structure of demand has changed dramatically — buyers choose compact and energy-efficient housing.

Євгенія Литвинова•
Real estate market of Kyiv: recovery of demand and new trends

The Kyiv real estate market is showing gradual recovery. The volume of deals in the first quarter of 2024 increased by 34% compared to the same period last year, although it remains at the level of 45% of the pre-war indicators.

The key trend is a change in the structure of demand. Apartments with an area of ​​up to 50 square meters. m occupy 62% of deals, while by 2022 this figure did not exceed 40%. Buyers choose small, but technologically equipped housing with independent heating and backup power.

Prices on the primary market increased by an average of 12% in hryvnia equivalent, which is associated with the increase in the cost of building materials and labor.