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Kyiv’s supply of new homes drops 10% on housing market in 2019
Journal Staff Report

KYIV, Feb 3 – The supply in the primary housing market of Kyiv in 2019 decreased by 10% compared to 2018 (but still 40% more than in 2014), to 225 residential complexes for sale, the share of business and comfort class housing is raising, while single new projects appear in economy class.

"In recent years, there has been a tendency to reduce the number of objects brought to the market. So, in 2019 sales began in 42 new housing estates with a total number of apartments being 24,500. At the same time, the largest number of them (50%) are positioned as business class (21), comfort class ranks second (17), and only three new residential complexes appeared in the economy class sector. In addition, the number of apartments announced for construction decreased in 2019," Olena Shirina, the analyst of City One Development, a full-cycle development company, told the Interfax-Ukraine agency.




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