Kiev postpone the purchase of apartments before the fall.
In the summer the number of requests for the purchase of housing in Kyiv decreased by 12% compared to may.
This was announced by the Director of City Development Solutions Yaroslava Chapko.
“A major purchase postponed until the autumn, but buyers continue to look for the cheapest options. Analysis of the queries shows that the summer market consists mainly of queries apartments in the most low-end segment – up to 30 thousand dollars. The proportion of such requests has increased from 64% in may to 92% in July. This is an alarming bell for the market in the autumn of the structure of demand is unlikely to change dramatically, while the developers are waiting for the autumn revival of the market and the devaluation of the hryvnia are likely to raise prices for new buildings. In this fight, unfortunately, won’t be a lot of projects on the brink of breakeven price and further reduce prices they just nowhere to go,” she said.
Yaroslav Chapko added that in this case the buyer will just have to hope that their home will be completed and will be commissioned.
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