In the next three to four years, a smooth and gradual reduction in the cost is expected in the capital’s real estate market. This was reported to the correspondent of the information portal by Mr. Rubanov, who is the president of the Union of Experts on Real Estate of Ukraine.
Now the Ukrainian real estate market has just begun to enter the crisis period, the next price “bottom” can be felt over the next 3-4 years. Reducing value for real estate will have a gradually increasing character. If the current indicators of the country’s economic development are preserved, the value of residential real estate will be able to achieve a mark of 1 completely comfortable for most domestic buyers in 1.5 thousand dollars per square meter.
If we consider exclusively the technical side of pricing and the cost of Kyiv real estate, then the bottom has already been passed, and local real estate sellers are not yet able to step further and lower prices even lower. However, to date, fundamental factors in order for prices to grow, there is no objectively. The situation in the private sector continues to deteriorate rapidly, we are still predicted by devaluation, scares the growth of utility bills. The flow of currency on the domestic market after the parliamentary elections will not be in the volume that is required.