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Hi, Sean is here! Recently I came back to Ukraine, and here is my Kyiv Market update; as I walked through the streets, I couldn\u2019t help but notice the unusual warmth in the air. It\u2019s January, yet I\u2019m dressed pretty lightly \u2013 I even gave my jacket to the dry cleaners for a week because I didn\u2019t need it. This kind of weather is very unseasonably warm for Ukraine, but it\u2019s a welcome change. The heating is on for the most part too, which is a relief, as it doesn\u2019t put less pressure on the system.<\/p>\n
It\u2019s been a while since the last attack<\/a>, and life in the city is going on pretty normally. The recent holidays made things quieter than usual, but things are starting to pick up again now that they\u2019re over. I\u2019ve already received several requests for rentals from expats, which is a good sign.<\/p>\n However, the real estate market is still struggling. Prices are starting to slide down, but buyers are hesitant to make a move, given the uncertainty surrounding the ongoing war. Buyers are looking for amazing deals, and even though some sellers are lowering their prices, it\u2019s not enough to seal the deal. As a result, there are very few deals in the market, probably down 70-80% from the usual rate.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n That being said, I\u2019ve heard through various sources that the UN<\/a> might send 500+ people to Kyiv this year, which is a positive sign. Other organizations seem to be into the rhythm of things and are sending people too, knowing the risks. This should help boost the rental market, as employers won\u2019t have to worry about their employees freezing or anything like that, even if there are attacks or electricity outages.<\/p>\n Overall, life in Kyiv continues, despite the ongoing conflict. People go about their business as usual, adjusting to the occasional alarms and news of the war. We\u2019re looking for more support from our partner countries<\/a>, but we\u2019re grateful for the support we\u2019ve already received. It\u2019s encouraging to see that the international community is not turning a blind eye to the situation, and I hope this support continues. I\u2019ll continue to keep an eye on the situation and provide updates in the future.<\/p>\n<\/p><\/div>\n<\/p><\/div>\nInternational Support for Kyiv: Encouraging Signs Amid Conflict<\/h3>\n