In 2024, notaries certified 452,217 real estate transactions.

This marks a 12% increase compared to 2023, yet remains 28% lower than pre-full-scale invasion levels, according to Opendatabot.

Real Estate in Ukraine After the War: Trends for 2024

According to Opendatabot, over 60% of these transactions pertain to land operations, which is 1.5 times more than those for apartments or houses (273k vs. 178k).

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

How Has the Real Estate Market Changed in Ukraine in 2024?

Meanwhile, Ukrainians are not rushing to invest in housing: the number of such transactions has only increased by 3% over the year, remaining 1.8 times lower than before the full-scale invasion.

However, there has been a rise in mortgage applications – in the past year, such transactions rose by 14%, totaling nearly 13,000 properties. The recovery in demand for apartments under mortgage has primarily occurred through the state program eOselya: 70% or 8,500 mortgages for housing were processed through this initiative.