WHAT WILL happen to the prices on the Ukrainian real ESTATE?! - News about real estate, Kiev, Kyiv region. Real Estate In Ukraine
Experts differ in their predictions of the dynamics of real estate prices in Ukraine. Estimates put the real estate in Ukraine will continue ...Experts differ in their predictions of the dynamics of real estate prices in Ukraine. Estimates put the real estate in Ukraine will continue to rise, other prices will decline because of falling demand, writes Domik.net.The end of the year the value of real estate will rise by another quarter, according to the expert of the real estate market Ludmila Rybakova. The current stalemate with trades experts explain the problems with lending.So, 70% of all sold properties in the past year comes to loans. Nevertheless, prices do not stop no the dollar's decline or shortage areas or high inflation. In the secondary market of the capital, the home price index data on 02.06.08 amounted to 2,737 USD per sqm According to the company "Kansas", this figure is 1.37% more than one week early on may 26.Thus, from the beginning of the year the index increased by 9.5%. However, according to the Chairman of the Committee on the analysis of the market with ASNU, Executive Director of the group of companies "Obolon" Alexey Kotenko, prices in dollars after revaluation of the hryvnia grew by about 5%, thus compensated for the difference. "It can not cause a reduction in demand. Developers will be forced to lower prices, otherwise they are in danger of bankruptcy or withdrawal from the market," says Mr. Kotenko.According to Natalia Shevchenko, Deputy head of Department of commercial real estate company "Samson" cost reduction is more conducive to the tightening of credit, the strengthening of the hryvnia. "Demand fell. This is due to difficulties in obtaining credit.