16:23 14.09.2017

Only 30% of developers note problems with demand for housing in Kyiv

1 min read

KYIV. Sept 14 (Interfax-Ukraine) - Most developers do not feel the problems associated with the low demand for primary housing in Kyiv, the head of the strategic consulting department at UTG, Rostyslav Symonov, has said.

"Based on the results of our polls, about 70% of companies do not currently experience problems with the demand for housing," the expert said at a press conference at Interfax-Ukraine.

According to him, the problem of a shortage of funds for financing projects ranks first for developers.

"If in 2013-2014 the problem of low demand was in the first place, now it has become secondary for developers. There is the demand and now we see no prerequisites for its reduction," the expert said.

According to Kostiantyn Oliynyk, the deputy head of the strategic consulting department of UTG, in the first half of 2017 the increase in housing sales in Kyiv amounted to 15% (22,600 transactions) compared to the same period in 2016, in Kyiv region to 22.4% (9,000 transactions).

In this period, almost one million square meters of housing was commissioned in the market, whereas for the same period last year this figure was three times less and stood at 300,000 square meters.

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