Banks don't make loans, the cost of housing has declined - it does not crash?! - News about real estate, Kiev, Kyiv region. Real Estate In Ukraine
The real estate market is in a critical conditionSince banks stopped giving loans, the cost of housing in the region declined by a third. But even this decline has not revived the market.The sharpest decline in housing prices since the beginning of the fall recorded in Zaporozhye. Apartments fell by a record 40%. But, despite a significant decrease in property values, the demand for it still grows. The situation in other major cities of Ukraine is almost the same. And in capital cases the sellers of housing is not better."In September, sales of apartments decreased significantly compared with August, and in October, compared with September fell by almost a third," says Vladimir Kolomeyka, an analyst at real estate Agency "planet Obolon". "Now there is the opportunity to bargain.