the Quarantine measures imposed on Ukraine because of the spread of coronavirus, has accelerated the transformation of demand in the housing market: the citizens began to abandon the low-cost housing, to refocus on luxury apartments. It is reported portal HB with reference to the report on financial stability, prepared by the National Bank of the country.
“Forced isolation have accelerated the transformation of demand: investors prefer high comfort, designed on the concept of “live-work-play” (live-work-rest — ed. “Of the tape.ru”). But the interest of buyers to housing dramatically decreased”, — reported in national Bank.
Experts regulators have calculated that during the regime of isolation, buying activity in the Ukrainian market decreased by 40 percent. Formed a reservoir of pent-up demand that began to be implemented in late may.
But overall, the national Bank believe that the demand for residential property in Ukraine in the next two years is unlikely to grow substantially — growth hurt the lower incomes and deteriorating consumer sentiment.
Earlier in June, it became known that the Ukrainian government plans to reduce mortgage rates to 5-7 percent per annum. This was stated by Prime-Minister Denis Shmyhal.
