Overall, the situation on the market will primarily depend on the developments at the front, as well as the demand from buyers.
The average price increase over the year could be around 15% in local currency, with some individual projects potentially seeing price hikes of up to 20%, especially in cases of high construction rates and competitive advantages.
If we factor in the rising costs of building materials and construction work, prices could increase even more significantly. It is quite possible that in 2025, the actual cost per square meter could rise by an average of 20–25% compared to 2024.
In general, developers review the price per square meter 10–12 times throughout the construction cycle. Therefore, this "planned price increase" is related to several factors. The most important ones include reduced risks for buyers and the natural increase in demand for properties under active construction.
Additionally, the final price of an apartment during the final stages of construction and commissioning will be influenced by a range of objective factors: inflation, exchange rates, and the cost of construction.
For example, purchasing an apartment of up to 65 square meters at the start of construction in Uzhhorod will cost the buyer an average of 2–2.5 million UAH. Throughout 2025, housing prices are expected to increase by 500–600 thousand UAH, and considering the objective factors, the price could reach approximately 2.8 million UAH.
Therefore, the situation on the primary real estate market will largely depend on two factors: the situation at the front and the demand generated by buyers. On average, prices in new buildings could rise by 15–20%. The formation of the price per square meter will be influenced by the existing demand, inflation, exchange rates, and the cost of construction.
