Tigipko promises decline in housing prices in the second half 2012





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17.01.2011 16:55
Articles about real estate | Tigipko promises decline in housing prices in the second half 2012 Vice Prime Minister, Minister for Social Policy Tihipko said that housing prices in Ukraine will fall in the second half of 2012, when the more serious will earn the mortgage market.

"2011 will be difficult, transition. Spring will begin the first signs of reviving the mortgage market. I think the more interesting will be the second half of 2011, when it is stimulated decline in housing prices", - said Tyhypko.

In turn, the deputy chairman of the parliamentary committee on construction, urban planning, housing and regional policies Igor Lisov added that the decline in housing prices began back in 2010 when the government allocated 100 million UAH for realization of Affordable Housing Program.

Recall, as previously reported, CEO of real estate agency Blagovest Irina Lukhanin said that this year is not expected to increase the cost of housing in Kyiv.

"I do not see any preconditions for the rise in prices. We saw in 2010 is rather stable. Certainly there were seasonal variations in the direction of increasing the price of an inexpensive lease in September. If the mortgage market will move, I think that gradually we will have a small increase prices ", - she said.
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Content tags: Housing
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