Reduction in prices for secondary housing in Kiev continues

19.01.2018 00:45
Real Estate Market Analysis | Reduction in prices for secondary housing in Kiev continues Throughout 2017, the average cost of secondary housing in Kiev decreased by 4% and amounted, as of December 2017, 1 thousand 235 US dollars per square meter. This in its final annual report was reported by analysts portal At the same time, it is noted that in December the lowest dollar prices for secondary housing in Kiev for the entire year of 2017 were recorded.

Relative to December 2014, the average weighted cost of 1 square. m apartments in dollars decreased by 30.3%.

Related article: Price stability in the secondary housing market continues in Kiev

In 2017, the average price of supply of 20% of low-price segment apartments decreased by 4.6%, to $ 689 per sq. M. m, and 20% of the "expensive" - ​​by 4.2%, up to 2 thousand 162 dollars per sq.m.

Index bundle (the ratio of the price of "expensive" housing to "cheap") increased from January to December 2017 by 0.06 and amounted to 3.14.

The decrease in average prices in 2017 was observed for apartments located on the Left Bank of Kiev - by 4.8%, on the Right Bank - by 4.5%, and in the Center of Kiev - by 3.8%.

From January to December 2017, the decrease in average prices for the districts of Kiev was from 1.5% in Podolsk to 8.1% in Svyatoshinsky.

We offer a full overview of the situation on the secondary housing market in Kiev in 2017.
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