The President of the Realtors Association assessed the state of the housing market in frontline cities and Kyiv.

The housing market in frontline cities and Kyiv
The housing market in frontline cities and Kyiv

In some cities of Ukraine, real estate prices continue to fall, while in others, they are rising. This was stated by the president of the Association of Real Estate Specialists (Realtors) of Ukraine, Olena Haidamakha, in an interview with 'Glavkom', 'This apartment is from the Shahed side, and this one is from the missile side'. A conversation with a realtor about buying housing during the war.

'Prices are rising somewhere, and falling elsewhere. If we analyze the frontline regions (Sumy, Kharkiv, Zaporizhia, Kherson), prices are low there. For example, there is basically no real estate market in Kherson; it is stagnant. One of the reasons is the daily intense enemy shelling of civilian infrastructure. In Kharkiv, housing prices have 'fallen' by 75% compared to the pre-war period. There are cases where a one-bedroom apartment can be bought for less than $10,000. The real estate market has more or less remained in Zaporizhia, but even there prices are very low,' said the realtor.

Olena Haidamakha noted that the decline in real estate prices has also affected the capital: 'If we generalize, housing prices in Kyiv have not reached the pre-war mark by 3-5%. This applies to both rentals and sales.'

At the same Time, according to the realtor, the situation with real estate prices in Mykolaiv Oblast is quite unexpected.

'In this frontline region, where even KABs fly, housing prices have increased. This is due to the fact that many locals, receiving payments from the state for their destroyed homes, do not move to other regions but buy houses or apartments here,' explained Olena Haidamakha.

It should be noted that the president of the Association of Real Estate Specialists (Realtors) of Ukraine, Olena Haidamakha, reported significant changes in the state program 'eOselya', initiated by the president. She talked about this in an interview with 'Glavkom'.

More apartments at a reasonable price

As previously reported, by the end of the third year of the full-scale war with Russia, the rental housing market in Kyiv has not reached pre-war levels. Many apartments are currently managed by her real estate agency, the rental prices of which are gradually increasing but have not yet reached the positions they held before the war, when one could rent such an apartment for 19,000 UAH per month plus utilities.


Read also