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Sales of new housing in Kyiv rose

Продажи нового жилья в Киеве выросли In Kiev in the primary market of residential real estate in Kiev, the number of transactions increased by 8%.

In 2017 in the primary housing market in Kiev was signed on 8% more transactions for the sale compared to the previous year – 31 389 transactions.

This was stated by the consulting company Ukrainian trade Guild.

This statistics are not included in the investment contract, which comprise the majority of developers, when the execution of the contract and the transaction are separated in time.

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According to the Deputy Director of Department of strategic consulting of the Ukrainian trade Guild Konstantin Oleinik, housing in Kiev consists of 1 million apartments with a total area of 63.5 million sq. m.

Among the trends of the market according to the expert, reduction of the budget of purchase, reducing the area of the purchased apartment and the growth of requirements of buyers to quality of real estate.

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In the capital there is a tendency to reduction in housing stock due to the old housing and transfer of residential property in the category of non-residential (e.g. commercial real estate).

In addition, Kiev is a city with a positive population growth.

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