Double-figure reduction in completion of new multi-residence housing in 2018

Vitalie Iambla, Construction Analyst, PMR
The single-residence house category in Ukraine was responsible for, on average, 48.9% of the newly registered total residential space in 2018 (up from 41.5% a year before, 43.7% in 2016 and 58.9% in 2013, with the latter being the last pre-crisis year). The steadily recovering purchasing power of the population, the improving economic outlook and a sharp increase in the value of personal remittances stemming from intense labour migration have boosted single-residence construction activity in Ukraine in the last couple of years. However, the notable increase in the proportion of single-residence…

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