In Kyiv, the supply of new housing has decreased by a quarter compared to the beginning of the war

As evidenced analytics investment and development company City One Development, as of mid-2025, 143 residential complexes are for sale in Kyiv. This is 25% less than in the first months after the start of a full-scale invasion.

Despite the decrease in the number of new buildings for sale, experts note signs of balance in the market and cautious optimism on the part of developers. Some of the complexes are moving to the secondary market, but at the same time new projects are being launched. In the first half of 2025, apartments in several new residential complexes began to be sold in Kyiv.

The primary housing market in Kyiv is showing the first signs of stabilization after a long period of uncertainty caused by full-scale war. For the first time in recent years, the volume of supply in new buildings does not decrease so rapidly, and despite weak demand, prices remain almost unchanged.

Adaptation to wartime conditions has become an important trend of new residential buildings: more than 75% of new buildings provide for the presence of shelters — these can be underground parking lots, specially equipped bomb shelters, or fortified basements. In addition, the share of objects with autonomous power sources — generators, inverters, solar panels — is growing.

About half of the developers included in their proposals state programs for financing the purchase of housing, in particular “eOselya” and “eVidnvenlja”.

The average price per square meter of new housing in Kyiv in June 2025 is $1,924 (approximately UAH 80,100). This is only 1.2% less than at the beginning of the year. Such minor fluctuations — in the range of $50-80 — have been observed since the beginning of the great war, which indicates price inertia.

In new buildings, there is an inverse relationship: apartments on the lower floors are more expensive than on the upper ones.

In various price segments, the price has not changed significantly over the past six months:

• economy and comfort class increased by 0.5–1%,
• premium class went up in price by 2%,
• business class became cheaper by 0.4%.

Analysts predict a gradual increase in prices on the primary market, although this is not currently reflected in the numbers. Among the reasons is the constant increase in the cost of construction due to the increase in the cost of materials, electricity, logistics and labor. In addition, the traditional increase in the price of objects during the construction process (from the pit to handover) remains valid. Inflationary expectations also contribute to the gradual strengthening of real estate values.

However, active growth is hindered by several factors. First, demand remains low, with many potential buyers delaying a purchase decision because of the war. Secondly, there are still problematic properties on the market: construction has essentially stopped, but apartments continue to be sold.