In 2024, notaries certified 452,217 real estate sale contracts.
This is a 12% increase compared to 2023, but still 28% lower than before the full-scale invasion, according to Opendatabot.
Real Estate Trends in Ukraine Post-War: 2024
According to Opendatabot, over 60% of these contracts relate to land transactions, which is 1.5 times more than agreements concerning apartments or houses (273,000 vs. 178,000).
The purchase and sale of land plots increased by 18% over the year, yet such transactions are still 11% lower than in 2021.
How Has the Real Estate Market in Ukraine Changed in 2024?
At the same time, Ukrainians are not rushing 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 have started taking out more mortgages – the number of these agreements increased by 14% over the year, totaling nearly 13,000 objects. The recovery in demand for apartments for repayment was mostly driven by the state program eOselya: 70% or 8,500 mortgages for housing last year were processed through it.
