REAL ESTATE PRICES ARE THE LOWEST! - News about real estate, Kiev, Kyiv region. Real Estate In Ukraine
Property prices in Ukraine fell to a record low for...Property prices fell to a one-year minimumProperty prices in Ukraine fell to a record low in 2008. Anteriormente were, first and foremost, Lviv (-22% YTD), Kiev (-20%), Donetsk ( -14%), Kharkiv (-9%). These data provided today by the Institute for Privatization, property Management and investment.It should be noted that the market situation sprovocirovan credit crisis, Bank failures, a shortage of cash and stop construction. So, due to the drastic decrease in the activity of the capital's developers, according to some experts, this year in Kiev will not be able to reach last year's figures, when the city was put into operation 1.4 million square meters of housing. Total capital construction this year, according to forecasts of the Institute for Privatization, property Management and investments will not exceed 0.8 million sq.