Real estate in the capital region fell by 7% amid uncertainty.

Wednesday, May 8, 2024
Real estate in the capital region fell by 7% amid uncertainty.

The situation at the front affects the supply and demand for housing. In particular, the number of available properties has increased in Kyiv, but buyers are in no rush to acquire them. As a result, prices have begun to fall. Currently, apartments in Kyiv and the region have fallen by 5-7% compared to prices at the end of last year.

Realtors say that, “Due to the lack of success at the front, some sellers finally decided to sell their property and leave Ukraine. At the same time, they are ready to compromise on the price. As for buyers, those with money are in no hurry to buy because they do not understand what will happen further in Ukraine. In general, few people have money for significant purchases.”

As experts note, currently the main factor is security, and the main market trends are as follows: in the western regions of Ukraine, demand is more stable, prices have remained practically unchanged since the beginning of the year; more sales offers are appearing in Kyiv, and demand is starting to decrease little by little.

 

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