The pace of sales in the residential real estate market of Kyiv has increased by more than 10% for secondary facilities and 40% for primary.
About 5 apartments a month are sold in new residential complexes of the capital city on the average. According to experts, the increase in the rate of sales is primarily due to the activation of pent-up demand, gradual recovery of the investment potential of residential property. The bulk of transactions are carried at buyers' own expense, the UTG (Ukrainian Trade Guild) said, UKRINFORM reported.
The share of mortgage lending remains relatively low, maximum 7%. At the same time, the installment plan is an effective tool for enhancing sales in 2010-2011, to which about 20% of primary residence buyers resort.
About 5 apartments a month are sold in new residential complexes of the capital city on the average. According to experts, the increase in the rate of sales is primarily due to the activation of pent-up demand, gradual recovery of the investment potential of residential property. The bulk of transactions are carried at buyers' own expense, the UTG (Ukrainian Trade Guild) said, UKRINFORM reported.
The share of mortgage lending remains relatively low, maximum 7%. At the same time, the installment plan is an effective tool for enhancing sales in 2010-2011, to which about 20% of primary residence buyers resort.
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