Economy-class housing in Kharkov cheaper by 5.1% per year

02.02.2011 14:37
Real Estate Market Analysis | Economy-class housing in Kharkov cheaper by 5.1% per year  If the beginning of 2010 selling price of a square. m of economy class housing in Kharkov was 5,808 USD by the end of the year - 5514 grn. Reported the development company Makrocap Group.

Even less, according to the company, changed prices in the segment of "business class": this reduction in the average price for 1 square. m was only 2.4%, or 230.5 UAH.: from 9614 USD. in early 2010 to 9383.5 grn. - In the end.

Related article: During the year the offer of apartments in new buildings in Kiev and the prices are increased

But the real estate premium, on the contrary, for the year rose slightly in price: from 14,750 UAH. to 15313.5 grn. ie to 563.5 UAH., or 3,8%.

Director of Makrocap Group Dmitry Kutovoi commenting on these figures, said that throughout the year, the index MCDU while maintaining the negative dynamics showed minor fluctuations in prices.

"With a small volume of transactions prices during the year held at the same level. This suggests that they had reached the lower limit, and that the developers are on the brink of profitability. Pricing pattern reflects the fact that the stagnation in which dwelt the market last year ", - said Dmitry Kutovoi.

But now, in his opinion, are prerequisites for improvement of the industry, and he was generally optimistic about the prospect of the coming year.
Content tags: Property Regions Housing
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