The residential real estate market has decreased in Ukraine

09 February 2021, 14:54 | real estate
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The number of transactions with residential real estate in 2020 in Ukraine amounted to 486,283, which is 2.9% less than in 2019. This was reported on Tuesday, February 9, by Economic Pravda, citing the report of the Ministry of Justice on the work of notaries last year..

Thus, in 2020, public and private notaries issued 317,640 contracts of purchase and sale of apartments and houses, which is 5.4% less than in 2019.

2,000 barter agreements were also drawn up (21.9% less), 118,300 donation agreements (2.5% more), 2,100,000 life support agreements (+ 9.9%), 141 donation agreements, 2 annuities and 25,550.

Mortgage agreements in 2020 issued 20,500 pieces.

According to the reports of the main regional departments of justice in the regions, Kiev was the leader in the real estate market in 2020 - only 79,370 transactions, which is 4.5% more than in 2019.

The outsider in terms of the number of transactions is the Luhansk region - 6,230 (- 2.7%).



According to the company Olimp-Consulting, the financial capacity of residential real estate in 2020 amounted to 375.04 billion hryvnia.

Recall that the demand for mortgage loans is growing in Ukraine, and in the last two quarters it was at a record high. This was stated by the National Bank.

Also in 2020 in Ukraine the rent of apartments has risen. The average rent for a one-room apartment has grown by 5.5% and now amounts to UAH 3,903.

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