In 2024, Ukrainians were 1.5 times more likely to buy land than housing - 273 thousand. transactions against 178 thousand. respectively. Demand for the Earth is growing faster than for apartments and houses, since investments in plots are perceived as more reliable and profitable investments in conditions of instability.
This is written by analysts OPDENDABOT. According to the official figures of the Ministry of Justice, in 2024, notaries testified to 452,227 real estate contracts, which is 12% more than in 2023.
At the same time, this indicator is still 28% less than in 2021 - the last pre -war year with full -fledged economic activity. However, the main trend is a significant advantage of land transactions over the purchase of housing. Most Ukrainians choose to invest in land plots, and not in apartments or houses.
60% of all contracts in 2024 were concluded by land plots. This is 1.5 times more than residential real estate transactions:.
Thus, the demand for land is significantly ahead of the demand for housing and this trend only intensifies. Despite the general recovery of the market, the purchase and sale of residential real estate is growing much slower. During the year, the number of transactions with apartments and houses increased by only 3%. Currently, the volume of housing purchases is 1.8 times less than before the start of a full -scale invasion.
Demand for land in Ukraine grew by 18% per year. If in 2023 231 thousand were concluded. transactions with the ground, then in 2024 this figure increased to 273 thousand. However, despite growth, land transactions are 11% less than in 2021. For comparison:.
This suggests that the full restoration of the Earth's market is still ahead.
One of the important factors affecting the housing market is mortgage lending. In 2024, Ukrainians issued about 13 thousand. mortgages, which is 14% more than in 2023.
The main growth engine was the state program of єosel, which allows you to buy housing at reduced interest rates. 70% of all mortgages (8.5 thousand. contracts) in 2024 were concluded through єosel. This indicates that the purchase of housing is resumed slowly, and without state incentives, the market has remained much weaker.