In Kiev the average price per 1 sq. km. meters of real estate decreased by 8.5%

25.07.2011 09:22
Real Estate Market Analysis | In Kiev the average price per 1 sq. km. meters of real estate decreased by 8.5% In Kiev in June 2011 compared to same period in 2010, the average price per square. meters of real estate decreased by 8.5%, the president said the real estate community of Ukraine Alexander Rubanov at a news conference.

"On June 30, 2010 in Kiev the average price of property - a thousand dollars for a 949 sq. km. m. June 30, 2011 - $ 1 thousand 787 per square. m. That is, for the year minus 8.5%. According to our estimates, we have also assumed that there will be about 8.5% ", - said A. Rubanov.

Related article: Realtors predicted that home prices will fall

According to A. Rubanov, the range of the gap between the bid and the real estate transaction in the economy class is from 3% to 7%, while business-class from 10% to 25%.
At the same time, the chairman of the National Council of Realtor Chamber of Ukraine Oleksandr Bondarenko said that the real cost of transactions is different. "The average price of one square. m in Kiev - $ 1 thousand 450 and a hypothetical transaction price, not supply, "- said A. Bondarenko.
RBC-Ukraine
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