In Kiev, home sales are starting to break records

05.03.2016 00:00
Real Estate Market Analysis | In Kiev, home sales are starting to break records In February, the monthly home sales increase in the capital amounted to as much as 65%, which is in a crisis market conditions quite drawn to the record. Just last month implemented 571 apartments. Of these, 303 on the secondary market (in January - 194, in February last year - 156). Another 268 apartments - the apartments in buildings under construction (as compared to January 2016 and February 2015 - 151 and 211 respectively).

Why prefer the secondary

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"The market is stable," low ", but pleased that the sale is still slowly growing like in the primary and the secondary housing. Demand shifts towards the secondary market as a more secure investment. The most popular will enjoy the apartments in the new housing stock, buildings, maximum built 10-12 years ago, "- said the analyst SV Development Sergey Kostecki.

Cheaper only in dollars

The difference in the cost of one- and two-bedroom apartments dropped noticeably, which allows citizens to improve their living conditions.

Prices on the background of exchange rate fluctuations continue to behave conventionally: growing in UAH, but the decline in the dollar.

For example, according to the IAP "Capital estate", the cost of apartments in the secondary housing in February decreased by almost 1% in dollar terms to $ 1463 / sq. m. and grew in local currency by 8.5% to 39.8 thousand. UAH. / sq. m.

In new buildings the average hryvnia prices have risen by 2%, to 23.5 thousand. UAH. / Sq. m.

Who buys luxury housing in Ukraine

According to the expert real estate company Best & Seller Irina Lukhanin, from potential customers goes from 100 to 150 applications per day. And the demand is concentrated in two segments - economy, economy plus and luxury.

"Most real estate buyers, costing between $ 1 mln- our compatriots", - she said.

Moreover, buying not only for themselves but also with the expectation of profitable to the house for the summer.

In the economy segment, more than half are so-called transaction "surcharge" when selling their homes, people immediately buy another.

Arthur Oganesyan, the real estate market expert is confident that the number of transactions may increase at least threefold. But for this, he said, and people need to change the mental attitude.

"People's incomes have decreased, but then the prices slipped. And the difference in price between a one-room apartment and kopeck piece also decreased by 2-3 times. Now, the buyer needs to pay not $ 30 thousand., As previously, but only $ 10 thousand. So now is the best time to improve their living conditions ", - he says.

We have previously written about, or may not be in Ukraine, the construction installment. The Verkhovna Rada of two essentially opposing the bill is registered.
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