At the metropolitan housing market, the summer lull
Aug 9th, 2009 | By admin | Category: Main Newssharp fluctuations in exchange rates, as well as strengthening the negative expectations of market participants in July reduced the number of transactions from the realtors. Market adds serenity and a traditional seasonal decline in business activity. Prices frozen, as buyers and sellers of apartments in Kiev are waiting for the fall.
According to the information-analytical department EN PLANETA Obolon in July business activity in the housing market has declined - the number of transactions on the secondary market, concluded with the direct participation of the company fell by 42%. It is unlikely that such a significant decline in the number of transactions can be explained only on leave and the massive relocation of the citizens closer to nature. In an environment where exchange rates vary significantly, the parties usually try to delay decision-making. As a result, break the emerging chain of transactions is less than the signed contracts of deposit, are falling market turnover. There is a kind of vicious circle: thereduction in the number of transactions resulting in a further reduction , - analysts attribute the company to report on the results of last month.
Analysts
Ukrainian Trade Guild tells that in the second half of July to stop the growth of the proposals on the secondary market. Static volume of proposals has meant that average prices fell, after months of growth. Began to increase the proportion of one-room apartment, - explained in the company. According to statistics, the average price in the market is $ 2143 per sq. km. m. These unified databases EN Blagovest and EN ParkLane show that the average offer price in July fell by 2.2% and amounted to $ 2643 per sq. km. m. Thus, in 20% of the most cheap price of apartments fell by 2.4%, to $ 1690 Apt. m, and 20% of the most expensive at 3,6%, to $ 5916 per sq. km. m. EN PLANETA Obolon estimated average price offers - $ 2219 per sq. km. m. These figures for the month in one-room apartments fell by 5.7% in the two fell to 1.2%, while three grew by 1.4%. Variance offer price and sales in July were -17.6%, which is still lower than in the first quarter of this year Average cost per square meter apartment for sale in 1745 was $ (13720 grn.) For all transactions for which Planets Obolon is sufficiently complete and reliable information. Consulting company SV Development does not take into account the price proposals. According to them, despite the slight increase 1.69% - the average sale price of apartments in Kiev, was $ 1520 per sq. km. m. This was the cheapest Darnitsky district, with an average of $ 1129/kv. m, while the most expensive - Pechersky district, where the average sale price was $ 2546/kv. m.
special change in the situation in August, with prices none of the analysts did not expect. In UTG note that the major indicators of residential real estate market in Kiev showed a lull in the market - a seasonal decline in purchasing activity. In their view, in the coming period it can be a major factor in the changes. Most market participants chose the tactic of waiting. Potential buyers are waiting for the sharp decline in prices. In their applications for purchase of real estate, they often indicate the prices that less than half the price of real sales. Sellers, to the core of its mass, the prices are not lower when the tender is reluctant to concede ( usually within a few percent). We believe that until the fall of the special surprises real estate market is not prepodneset. The most likely scenario in August, roughly the same as in July - summer slowdown of economic activity and relatively stable prices. Naturally, when serious political and social upheaval is not excluded, and other scenarios , - summarized the experts' Planet Obolon.
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