Hello, this is Sean Almeida. Today, It is another Kyiv market update on the situation here in Ukraine after a tense week.

The Invasion and its Aftermath

As you may know, tensions between Ukraine and Russia have been simmering for months. However, last week, Russia launched a full-scale invasion of Ukraine. Despite the fears, the city still stands, and its people show incredible resilience. The most famous bridge in the city remains standing, though it’s closed to pedestrians. Although the Friendship of Nations monument is visible in the background, recent events have shown that this bond was not as strong as it was thought to be.

Life Goes On

Despite the invasion, life in the city is slowly returning to normal. People are venturing out, enjoying the fresh air, and walking around. The real estate market has been slow, but we found a few clients still looking to rent something. People who came to Ukraine during this time have already priced in the current situation, and it’s not deterring them from staying put. Additionally, some owners who bought before the war and had renovation plans are now interested in starting again.

Outlook for the Future

Although the risk is not zero, it’s not super high either. While I’m not yet ready to return to my family, the long-term outlook is positive. We’ll see if prices drop as the war drags on and utility bills kick in. However, we are all morally ready for that. We’ll find a way to stay warm enough to get through the winter if we have gas, electricity, or proper heating.

Staying Resilient

Overall, life in Ukraine during the war has been tough, but the people here show remarkable resilience. We are all staying positive and believe we will get through this. Stay tuned for more updates as things continue to develop.