As a result I quarter of this year slump in prices for elite real estate Ukrainian capital has reached 20 , and 2% . However, during the II quarter prices have stabilized and even increased slightly - by 6 , and 7% from the previous quarter.
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In general, prime residential property market in Kiev in I half of 2009 characterized by a lack of new supply. Many developers have postponed implementation of the announced projects and focus their efforts on completing already begun. This trend, which came in the wake of the financial crisis will affect market development in the long run. In First of all it will be expressed in short supply of new supply, forecast Intelligence agency Knight Frank. On the market has a low purchasing activity due to the expectation of further price declines. Proposal in the primary market of elite housing in Kiev in the main form objects high stage of readiness, which creates direct competition secondary segment. The main volume of sales are to objects in the input stage in operation, or to have entered residential complexes. The rental market luxury apartments in Kiev is subject to a protracted recession. In I quarter rental rates were characterized by a high rate of incidence - 3-5% monthly. Starting From April the situation has changed - there is only a small correction downward to 0, 2-2% for the month.
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