Lesia Solovchuk

In Kyiv, developers will keep prices at the current level and are unlikely to risk raising them until the end of the year, given the imposition of the lockdown and the market decline at the end of the year. This was stated by Yuriy Pita, President of the Association of Real Estate Specialists (Realtors) of Ukraine (ARESU).

In the first week after the announcement of the quarantine restrictions the real estate market in Ukraine worked as per normal. All the previously prepared procedures for buying and selling housing have been implemented, the market activity has not undergone major changes, Serhiy Kostetskyi, analyst at the company SV Development, states in a comment to .

In Q3 of 2021, rental rates for commercial real estate were the highest in Lviv among other regional centers of Ukraine. In terms of this figure, the city has overtaken not only the capital, but also the million-plus cities.

In nine months of 2021, the average cost per square meter in new buildings in Kyiv increased by 14.2% and by the end of the period amounted to 40,795 UAH or $1,517. Compared to the same period last year, the average cost per square meter increased by 19.5%.

The total number of apartments and houses sold in Ukraine for the Q3 of 2021 amounted to 95,146 objects. This is 7-8% more than the apartments sold in the II quarter (85,388 objects). This is evidenced by the statistics released by the Ministry of Justice.