Accommodation in Kiev on EURO 2012

During the past summer, the market for residential real estate in Kiev is stable - the prices don't significantly vary by segment, new projects are actively entering into the market. However, with the onset of autumn price situation can change dramatically. The largest number of "surprises" will present a segment of luxury housing. Now a segment of economy class shows the active dynamics of sales and new housing projects. Only in the current third quarter about 5 new projects entered the market. Luxury segment

Kiev developers of luxury housing significantly increased the pace of construction. In the third quarter of 2011, active construction of six large-scale systems, which are positioned as a luxury, continues.

In the majority of sales of new projects scheduled to open in the final stages of construction. Thus, during the fourth quarter of 2011 - the first quarter of 2012 offer high-end segment, supplemented by a minimum of 400 luxury apartments.

In this case the developers whose projects have been on the market in recent months reduced their prices to accelerate sales.

This is a forced, but rather a successful step on the eve of the start of sales in new complexes competitors. And the prices that are going to market for new projects, are well above the current average. It would lead to increased competition in the luxury segment - and the usual non-public stable in terms of price segment may face price wars and increased marketing activities of developers.

Business and Economy Class

If we talk about business and economy classes, there is observed a steady increase in prices (+10.3% in the year to September 2011), which is largely due to higher stages of completion of projects.

In the segment of economy class prices of new buildings for the third quarter of 2011 decreased by 5.5%. It is important to understand that the negative trend in prices in this segment is not associated with a reduction in the value of the market, and with the active release of new projects. New residential developments coming to the market with prices lower than major competitors, in order to attract potential buyers.