What is happening on the Ukrainian real estate market
On average, the cost per square meter in business and premium class apartments during January-April 2017 has decreased by 10–15%. And this trend will remain in force until the beginning of autumn for sure. “Initially, the price of housing was unjustifiably overpriced, and developers are now forced to adapt to the realities of the market,” says Anna Laevska, deputy commercial director of Intergal-Bud. Plus, the supply of expensive housing by 20–25% exceeds the volume of effective demand - this is how many assess the situation in the real estate market.