In 2024, notaries in Ukraine certified 452,217 real estate sale agreements.

This represents a 12% increase compared to 2023, but is still 28% lower than before the full-scale invasion, according to Opendatabot.

Real Estate Trends in Ukraine Post-War for 2024

According to Opendatabot, more than 60% of these agreements pertain to land transactions, which is 1.5 times more than transactions involving apartments or houses (273,000 vs. 178,000).

The purchase and sale of land plots increased by 18% over the year, but such transactions are still 11% lower than in 2021.

Changes in the Real Estate Market in Ukraine for 2024

Meanwhile, Ukrainians are hesitant to invest in housing: the number of such agreements increased by only 3% over the year, and this figure remains 1.8 times lower than before the large-scale invasion.

However, more Ukrainians are taking out mortgages – the number of such agreements increased by 14% over the year, totaling nearly 13,000 properties. The recovery in demand for apartments for mortgage payment primarily occurred due to the state program eOselya: 70% or 8,500 mortgages for housing were issued through it last year.