In anticipation of the collapse of the market and falling prices, does it make sense to wait for the collapse of prices in the primary real estate market?
The drop in prices has been predicted for a long time. But, despite the smooth decline, the price collapse does not occur yet. Due to low activity, prices per square meter remain almost unchanged. The reasons most likely lie in the inert market. Sellers have no need to urgently give apartments for a lower price. This is most clearly manifested today in the new building segment.
Of course, this segment has its own gradation. It is difficult to compare residential complexes with its own underground garage, developed by infrastructure in the very center with a multi -storey residential massifs built closely with each other. And buyers of such different types of new buildings are different.
But is there a probability of falling prices in the market of new apartments before the beginning of next year?
Increasing housing prices in new houses since the beginning of the year amounted to about 8%. But this happened in connection with the structure of the proposal itself. In fact, if the increase in prices, if present, was minimal. Apartments in the central areas grew up in price quite slightly, and on the outskirts in the area of Pechersk even slightly fell. A similar trend is stable and is again attached to the structure of the proposal.
Prices per square meter and in new buildings on the right bank significantly decreased, in some cases the drop in prices was in the region of 15%. The price of a square meter in one -room meter remains the most stable, and starting with two -room apartments, the price begins to fall.
Speaking of the left bank, it should be noted a certain decrease in prices in elite residential complexes and business class houses. Here, a decrease in the price per square meter amounted to 7% to 11% here the most in price fell in price, while apartments with a large number of rooms retained the previous price.