In 2024, notaries certified 452,217 real estate purchase and sale agreements.
This reflects a 12% increase compared to 2023, yet it remains 28% lower than before the full-scale invasion, according to Opendatabot.
Real Estate in Ukraine Post-War: 2024 Trends
According to Opendatabot, over 60% of these agreements pertain to land transactions, which is 1.5 times more than deals involving apartments or houses (273 thousand versus 178 thousand).
The sale of land plots increased by 18% over the year, although such transactions are still 11% lower than in 2021.
How Has the Real Estate Market in Ukraine Changed in 2024?
Meanwhile, Ukrainians are hesitant to invest in housing: the number of such transactions increased by only 3% over the year, remaining 1.8 times lower than before the full-scale invasion.
However, Ukrainians are increasingly taking out mortgages: the number of such agreements rose by 14%, totaling nearly 13,000 objects. The recovery in demand for apartments for repayment has primarily occurred due to the state program eOselya: 70% or 8,500 housing mortgages were issued through this program last year.