Overview of Ukraine's Mortgage Market
According to the National Bank of Ukraine, the mortgage market saw 743 loans issued in November 2025, with a combined value of UAH 1.5 billion. The primary market accounted for more than half of this activity, with 434 loans worth UAH 910 million. The average effective interest rate on the primary market was 8.14%, while on the secondary market, where 309 loans totaling UAH 614 million were issued, the average rate reached 9.42%.
Non-performing loans represent 11% of the market, indicating ongoing risks within the mortgage sector. A total of 14 banks participated in the lending process. Furthermore, the Financial Stability Council has approved a new Mortgage Lending Development Strategy, which is expected to significantly influence the market's future trajectory.
Leading Regions by Number of Mortgage Agreements
The following regions led in both the number of contracts signed and the total loan value:
- Kyiv Oblast: 239 contracts worth UAH 521 million
- City of Kyiv: 148 contracts worth UAH 343 million
- Lviv Oblast: 51 contracts worth UAH 109 million
- Ivano-Frankivsk Oblast: 40 contracts worth UAH 75 million
- Volyn Oblast: 32 contracts worth UAH 56 million
This data reflects the level of activity in Ukraine's mortgage lending market during the specified period. The growth in mortgage lending, particularly on the primary market, suggests a renewed public interest in purchasing property, which may be linked to broader economic improvements. However, the high level of non-performing loans remains a significant challenge for the banking sector. The newly approved development strategy could help mitigate risks and improve conditions for borrowers, potentially benefiting the overall market.