In 2025, a significant increase in the cost of apartments in new buildings is expected, which may range from 10% to 25%. This increase will depend on several factors, such as inflation, changes in taxation, the situation on the foreign exchange market and demand for housing, in particular from displaced persons.

According to forecasts, prices for the primary housing market will increase depending on the stage of construction, the quality of the object, the class of housing and the region where the new building is located. As noted by Iryna Mikhalova, CMO of Alliance Novobud, an important factor will be economic stability and the level of inflation. If the macroeconomic situation remains stable, prices may increase within 5-10% due to inflation and the recovery of the construction industry.

Demand for housing will also contribute to the increase in prices. In particular, the shortage of new housing projects and the needs of displaced people looking for new homes can significantly affect the market. According to Mikhalova, the secondary market is unlikely to experience a significant increase in prices, since changes in mortgage conditions and an increase in supply from owners who have gone abroad have stabilized the price situation.

However, as noted by Marianna Bighunets, sales director of the construction company GAZDA, the real estate market is expected to face difficulties in 2025. In addition to objective factors, such as rising inflation and changes in the foreign exchange market, the low level of purchasing power of citizens will be important. At the same time, to maintain stability in the industry, prices for new buildings can increase by up to 25%.

The main factors that will affect the cost of apartments in new buildings are:

1. Inflation, which, according to forecasts, can amount to 10% in 2025, affecting the rise in the cost of construction materials and works.

2. The dollar exchange rate, which is likely to have risen to UAH 45, which will further increase the prices of construction materials and elements tied to exchange rates.
3. Changes in taxation, in particular, an increase in the military levy rate from 1.5% to 5%.
4. Demand for housing, in particular, against the background of the security of the location, as in regions remote from the front.

The security premium will also be a feature of the market. As Bighunets explained, the difference in price for the same objects in different regions can reach 10%, depending on the security of the location. For example, a comfort-class apartment in Uzhhorod may be more expensive than a similar one in Dnipro or Poltava, where the level of security is lower.

Thus, in 2025, Ukrainians may face a noticeable increase in housing prices in new buildings, especially against the backdrop of inflationary processes, changing economic conditions, and changes in market demand.