Resale breaks records! - News about real estate, Kiev, Kyiv region. Real Estate In Ukraine
The increase in the price of the offer is recorded in all segments, except for multi-room apartments. Maximum growth...In the Moscow region "resale" breaks recordsIn October 2008, the average price of apartments on the secondary housing market of Moscow region amounted to 91.2 thousand rubles/sq m ($3.3 thousand, - ed.) the Number of apartments offered for sale in October, for the month increased by 13% and exceeded the maximum rate recorded on the market in may last year. These are the data of the analytical company "MIEL".According to "MIEL", last month the price increased by 1.4%, while the dollar prices by strengthening its positions in the foreign exchange market dropped by 2.8% to $3 459/sq. m. Relative to the beginning of the year (December 2007) the growth rate was 46.0% and 36.1% respectively.The volume of supply in monetary terms and in the total area gained 13% and 12% respectively. The share of apartments, first time offered for sale in the reporting month increased by a quarter and reached 43% of the total.The increase in the price of the offer is recorded in all segments, except for multi-room apartments. Maximum growth as last month, fell to a three-room apartment (1.8 per cent). Relative to the beginning of the year (December 2007) "odnushki" and "kopeck piece" has increased in price by 50% and 46% respectively, "treshki" added 40%, the price of multi-room apartments increased by 36%.In terms of housing quality, the price increased in all categories, without exception. Gains ranged from 1.2% (panel) to 1.8% (monolith). Since the beginning of the year, the increase was 48% and 47% of "panel" and "brick", 38% went "monolith".The General Director "MIEL" Vladislav Lutskov noted that the volume of supply on the market "breaks records and sets the maximum rate largely due to the market entry of new supply, the share of which in total exceed 40%"".