The real estate market is in decline

The outgoing 2012 has become quite predictable in terms of business activity in the real estate market. Only this year, all the existing schemes that were familiar to the entire real estate market of Ukraine were violated. Relevant information was provided by the press service of the company Build and Live Development.

Despite the fact that many expected another surge in business activity in the real estate market on the eve of the new year, these forecasts were not destined to come true. If over the past few years there has been another activity, then this year there is another lull and even a decline.

Instead of shopping, property owners are more involved in repairs, order interior doors in Odessa, and so on. Everyone understands that a good repair in the future will increase the value of the apartment. This year, such industries as tourism, entertainment, leisure.

Large-scale and global purchases such as houses and apartments have long gone by the wayside. At the same time, to a large extent, the costs are related to the costs of essentials. This reason is based on a decrease in the overall solvency of almost the entire population of the country. Ukrainians are now simply not able to purchase residential real estate, especially expensive.