The average price for m2 in a one- to three-room apartment on the secondary housing market in Kyiv in United States dollars in April to June 2009 decreased by 10.59%, and as of July 1, 2009 was USD1,5 per m2, according to a press release of Kyiv-based SV Development consult company.

A decrease in prices for secondary housing was described in all districts of Kyiv.

The maximum decrease in the cost of one m2 was recorded in Pechersky District at 12.03%, where the average cost of one m2 was USD 2,516. The minimum decrease in the cost of one m2 was shown in Podilsky District at 9.17%, where the average cost of one m2 was USD 1,403.

Darnytsky District remained the cheapest in terms of average prices, where the average price of one m2 over the period was USD1,100, and Pechersky District remained the most expensive in average prices, where the average price of one m2 over the period was USD 2,512.

The company said while analyzing the secondary market prices its specialists took into account the costs for secondary housing on the results of actual deals, but not general market prices.

SV Development has been working on the Ukrainian market since 2005.