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Experts: Property Market in Ukraine will Remain Stable for Some Time

Experts are forecasting stability on the residential property market of Ukraine till 2008.
"No seasonal fluctuations are predicted, and if the prices are growing higher, it will be only in the borders of inflation process", -said the President of Property Specialists Community in Ukraine Olexandr Rubanov.

He admitted that in every region the situation on the property market is different, but in general the prices growing are not forecasted.

According to his opinion Kyiv elite property for sale still will keep growing in price, and at the same time the old property in Ukraine will decrease in price approximately in 2-3% per month.

Rubanov connects the prices increasing in premium segment with great deficiency of such property in Ukraine. According to his forecasting this part of market will fulfill only till 2010.

Making comments for the Ukrainian real estate market of Kharkiv, president of the Ukrainian realtors Nataliya Shkilyova noted that here, as in the majority of the regions, stable situation is seen.

"The market is pretty stable. Everything will depend on economics, if it is stable, the property market of Ukraine also will be stable"- she said.

Vice-president of the Ukrainian guild of realtors Valery Golovin turned in his turn that the Ukrainian property market is stable and strong.

He said that local situations can not influence greatly the situation of Ukrainian property for sale.

Specialists in the Ukrainian real estate admitted that for today in different regions of Ukraine is well seen the demand for some special type of the property, hence the significant increase in the activity on the property market in Ukraine is not seen.

As it is known experts are forecasting step-by-step activation of the residential property in Kyiv starting from September.



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