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Article

Analysis of the Interaction Between Macroeconomic Factors and the Real Estate Market in the Context of Ukrainian Economic Development

Artem Kolosov1, Kateryna Shatnenko

  1. 1Odesa National Economic University

International Journal of Psychology and Strategic Communication, Vol. 1, No. 1, pp. 65–73, 2025

https://doi.org/10.61030/IJPSC.25.v01a07

review
double-blind
access
open
license
CC-BY-4.0
year
2025
doi
registered

Article PDF

Abstract

This article presents an analysis of the interaction between macroeconomic factors and the real estate market in the context of Ukrainian economic development. Specifically, the study reveals how key indicators such as GDP, inflation, and unemployment influence trends in housing prices, construction activity, and real estate investments. As a result, the findings offer important insights for developing effective real estate market policies that support Ukraine’s broader economic growth. Moreover, understanding these interrelationships is essential for shaping policies aimed at ensuring stable national development. The article aims to examine how macroeconomic conditions - in particular, unemployment, inflation, exchange rates, and financial policy - affect the real estate sector. By identifying key dependencies and trends, the research contributes to mitigating risks and reducing the potential for negative outcomes in the property market. To this end, the research employs a systemic analysis approach. This methodology, by treating the real estate market as a complex system, allows for the identification of interdependencies among multiple influencing factors. Ultimately, the research findings are valuable for economic analysts, policymakers, investors, and other stakeholders who seek a deeper...

Keywords: macroeconomic factors, real estate market, Ukrainian economy, GDP, inflation, housing prices, construction activity, investments

Double-blind peer reviewOpen AccessCC BY 4.0Published 2025DOI registered

Interaction Between Macroeconomic Factors and the Real Estate MarketArticle Title

Analysis of the Interaction Between Macroeconomic Factors and the Real Estate Market in the Context of Ukrainian Economic Development

Authors

Kolosov Artem
2nd-year student, Odesa National Economic University, Odesa, Ukraine
Email: lubovnikolaeva07@gmail.com

Kateryna Shatnenko
PhD in Economics, Associate Professor, Department of General Economic Theory and Economic Policy, Odesa National Economic University, Odesa, Ukraine

Journal Details

Abstract

This article presents an analysis of the interaction between macroeconomic factors and the real estate market in the context of Ukrainian economic development. Specifically, the study reveals how key indicators such as GDP, inflation, and unemployment influence trends in housing prices, construction activity, and real estate investments.

As a result, the findings offer important insights for developing effective real estate market policies that support Ukraine’s broader economic growth. Moreover, understanding these interrelationships is essential for shaping policies aimed at ensuring stable national development.

The article aims to examine how macroeconomic conditions – in particular, unemployment, inflation, exchange rates, and financial policy – affect the real estate sector. By identifying key dependencies and trends, the research contributes to mitigating risks and reducing the potential for negative outcomes in the property market.

To this end, the research employs a systemic analysis approach. This methodology, by treating the real estate market as a complex system, allows for the identification of interdependencies among multiple influencing factors.

Ultimately, the research findings are valuable for economic analysts, policymakers, investors, and other stakeholders who seek a deeper understanding of the Ukrainian real estate market and its connections to broader macroeconomic developments.​

Keywords

macroeconomic factors; real estate market; Ukrainian economy; GDP; inflation; housing prices; construction activity; investments​

How to Cite This Article

Kolosov, A., & Shatnenko, K. (2025). Analysis of the Interaction Between Macroeconomic Factors and the Real Estate Market in the Context of Ukrainian Economic Development. International Journal of Psychology and Strategic Communication, 1(7). https://doi.org/10.61030/IJPSC.25.v01a07​

Full Article (PDF)

https://ijpsc.org/journal/v01/07.pdf

Metadata and Info

IJPSC Citation Tools

Cite this article

10.61030/IJPSC.25.v01a07

Kolosov Artem, 2nd-year student, Odesa National Economic University, Odesa, Ukraine, Email: lubovnikolaeva07@gmail.com, & Kateryna Shatnenko (2025). Analysis of the Interaction Between Macroeconomic Factors and the Real Estate Market in the Context of Ukrainian Economic Development. International Journal of Psychology and Strategic Communication. https://doi.org/10.61030/IJPSC.25.v01a07