Housing prices in Ukraine will rise by 12%: experts named the reasons and forecasts.

According to inkorr.com: Experts in Ukraine are confident that the real estate market will continue to develop actively. It is also expected that housing prices will rise, especially in safe and developed regions.

In Kyiv, prices for new buildings have reached $1,800 per square meter, while elite housing in the city center can cost up to $3,000 per square meter. In western cities such as Lviv, Ivano-Frankivsk, and Uzhhorod, prices have increased by a third or even half over the past two years due to the relocation of businesses and displaced persons. In central regions, particularly in Vinnytsia, Cherkasy, and Poltava, the situation is calmer, but prices are also rising – now a square meter costs between $800 and $1,000.

The main reasons for the rise in housing prices include a shortage of real estate, migration processes between regions, an increase in construction material costs, as well as a growing interest from investors in new projects. Construction companies are facing supply chain issues and a labor shortage, which delays the commissioning of new facilities and contributes to rising costs.

Future forecasts

According to forecasts for 2026, average housing prices are expected to rise by 7-12%. The most significant increases will be observed in regions with developed infrastructure and stable demand for real estate. At the same time, in areas adjacent to the front line, prices will remain stable, and the real estate market will be practically paralyzed.

Experts also hope for further increases in property prices in areas with high demand, taking into account the housing shortage, inflation, and other factors. The real estate market in Ukraine remains dynamic and depends on many factors that can influence its development.

It is important to understand that the real estate market in Ukraine is influenced not only by economic but also by social factors. The rise in prices reflects not only the demand for housing but also changes in living conditions due to the war. How these processes will develop further remains to be seen.