Over the past two years, the poverty rate in Ukraine has almost doubled, inflation remains high, and the hryvnya is losing its stability. At the same time, real estate is rapidly becoming more expensive: it is one of the most expensive assets on the market. Why do Ukrainians buy more and more expensive housing when living standards are generally falling? Is there a “bubble” and when should we expect market stagnation?

In Chisinau, a new type of activity has appeared relatively recently – the resale of apartments after renovation. But this business is rapidly gaining momentum – according to experts, such repeat transactions account for about 30-40% of sales today.

The demand for rental housing traditionally grows in the fall. As a rule, at the beginning of the academic year it is fueled by students who do not want to live in a dormitory and are looking for a rented apartment. Real estate market operators in Chisinau in this regard predict an increase in rental costs by an average of 10-20%. At the same time, they note that they are talking mainly about the cheapest segment, as students are not interested in expensive apartments.

Many experts believe that apartment prices in Chisinau have reached their peak. However, despite some slowdown in sales in the first quarter of 2025, we should not hope for their decline.
