In 2022, Property Valuers Predict A Revival Of The Real Estate Market

Residential real estate is always in demand among Ukrainians. Odessa, as a large city and a popular resort, is characterized by high dynamics of the real estate market . Despite the restrictions in 2020, consumer demand for various types of living space has remained high in our city.

The number of real estate transactions in 2020 amounted to more than 486 thousand, which is almost 3% less than in 2019. However, experts assure that in 2021, purchasing power is expected to recover and demand for square meters will increase. Since now citizens have become more actively interested in buying new housing, there is reason to assume an increase in the number of transactions in 2021. Many people prefer to purchase real estate with a mortgage, and more than 20,000 of the relevant documents were issued last year. Since a new mortgage program is being introduced today, aimed at providing lending services with a low interest rate, experts predict an increase in the demand for buying new real estate with a mortgage.

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