Experts forecast an upswing in apartment leasing costs.
Yuriy Pita, a specialist in the property market and erstwhile chairman of the Association of Real Estate Specialists, remarked that a seasonal surge in leasing interest and corresponding price escalations are anticipated this autumn across major Ukrainian urban centers.
This information is outlined in a UNIAN publication.
He postulates that the tariffs for sought-after, cost-effective one- and two-room apartments, generally priced around 15,000 hryvnias, might experience an elevation of up to 10%. Nonetheless, in metropolises where price augmentations have previously transpired, further upticks might be improbable.
“In municipalities such as Rivne and Vinnytsia, leasing fees have recently demonstrated a considerable ascent. Possibly, in locales where such elevations have already manifested, they won’t escalate as dramatically during the fall season, as the growth has already taken place. Within these areas, autumn demand will likely diminish, and subsequently, prices will decrease,” Pita stated.
Conversely, Kyiv did not undergo a summer increase in leasing fees, thus anticipating a commencement of rental price appreciation in early September.
According to the specialist, the US-brokered deliberations between Ukraine and Russia will additionally influence the Ukrainian housing and rental sectors.
“Should we achieve a consensus that facilitates the return of individuals to Ukraine and their residences in the combat zone regions, this will exert influence on the rental domain, as displaced individuals generate demand. The repatriation of displaced individuals to their own dwellings, presuming a more tranquil circumstance, will similarly affect the rental sphere uniquely. That is, demand will lessen, potentially causing prices to diminish. Hence, we are presently in a state of expectancy,” Pita finalized.
