Research of Current Development Activities Conditions in Ukraine

Abstract

The article is devoted to the study of current trends in the real estate market, in the construction industry of Ukraine in order to identify the modern conditions in which companies related to the implementation of development projects operate. It has been established that development projects are characterized by particular complexity, and therefore their implementation requires taking into account external factors that can affect the results of the work of developers and other involved persons. The dynamics of the main indicators characterizing the real estate market from the standpoint of market volumes (number of signed contracts) and price changes in the primary and secondary housing markets were analyzed. The study of the number of real estate agreements (agreements on the alienation of real estate, land plots and land shares), including agreements for the purchase and sale of apartments and residential buildings, made it possible to identify the main trends in the real estate market. It was determined that prices on the primary housing market grew at an accelerated pace during the research period, while price fluctuations were more noticeable on the secondary housing market. The volumes of manufactured construction products and their dynamics, the activity of builders and the indicators of acceptance into operation of residential and non-residential buildings were studied. It has been established that the Indices of construction products are unstable in all their types and are characterized by significant fluctuations, that is, the rate of changes in the volume of construction products is characterized by high variability. It has been established that the construction industry and the real estate market are sensitive to changes in the internal and external political situation in the country. It has been proven that the full-scale invasion of Ukraine and the introduction of martial law led to a drop in the real estate market and a drop in construction. Despite the extreme fall of the last year, the housing market. and therefore the development market is gradually recovering, most developers have resumed their activities and are trying to reach the pre-war level in terms of their volumes, companies with unfinished construction have focused on housing completion. A number of construction companies focused on rebuilding damaged housing and real estate. Developers, who at the beginning of the full-scale invasion were in the initial stages of construction, demonstrate positive dynamics of construction work.