Despite the escalation on the front lines and increased shelling of civilian infrastructure in peaceful cities since the beginning of summer, the Ukrainian construction market has seen an increase in the number of new projects launched and completed in the first half of the year. The Ukrainian Real Estate Club has summarised the situation for Property Forum.
According to NBU estimates, the projected GDP growth rate for 2025 is 3.3%, despite the fact that the inflation rate in April was 8.7%. The NBU's discount rate is fixed at 15.5%. Based on the results of 2024, experts predict 23.5% growth in the construction sector (compared to last year), including 7.6% in residential construction and 26.6% in housing construction.
Overall, the result of residential construction throughout Ukraine in 2024 was the commissioning of 9.76 million square meters of housing, including 107,000 apartments and private houses. It should be noted that of this volume, 8,500 apartments were purchased under the state's preferential mortgage program, and another 5,000 apartments were transferred as compensation for property lost as a result of the war. 70,000 families received monetary compensation from the state for damaged real estate.
In the first half of 2025, 104 new residential complexes were launched, which is almost equal to the figure for the same period last year (105 residential complexes in 2024).
