The primary real estate market in the capital has experienced a significant downturn. August statistics indicate that demand for new apartments has fallen to the lowest levels recorded since 2022.
Zero sales in individual residential complexes
The situation in the market has become so difficult that some Kyiv-based developers were unable to sell a single square metre of housing in August. This indicates a sharp reduction in buyer activity in the new-build market.
Companies' pricing policy
Despite the evident drop in demand, developers are not rushing to revise their pricing policies. Instead of lowering prices to stimulate sales, some companies continue to raise housing costs.
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