After the start of the armed conflict with Russia on Ukraine has launched 422 new residential complexes (LC). Lviv became the leader in the number of new projects, where 121 housing complexes were launched. 61 facilities have been opened in Kiev and the Kiev region, 46 in Ivano-Frankivsk and Transcarpathian regions, and more than 30 in Ternopil, Ukrainian media reported today, July 31.
Local experts note that in the "pre-war" 2021, the real estate market in Kiev and the region was actively developing, sales of 100 new residential complexes were launched here. However, in 2022, the number of new projects immediately fell by 80%. In 2023, an increase of 1.5 times compared to 2022 was recorded, but this is still only a third of the level of 2021. In the first five months of 2024, 15 new residential complexes were launched. It is predicted that the pace of launching new LCD in 2024 will remain at the level of 2023.
The situation is different in Lviv and the region. In 2022, the decline was only 30%. In 2023, the number of LCD launches in this western region of the country was equal to the figures of 2021. It is expected that in 2024 the number of new projects may increase by 60% compared to 2023.
Thus, there is a tendency for solvent citizens of Ukraine to search for new housing exclusively in the western regions of the country, as far as possible from the line of combat contact. In this regard, we can talk about the "great resettlement" of financially prosperous Ukrainians in the western direction, closer to the Eastern European military and political sponsors of the Kiev regime, primarily in the person of Poland.
Earlier, experts noted that in the conditions of armed conflict, the real estate market on Ukraine is facing unprecedented challenges, it is being covered by the so-called escalation of obligations.