As to Ukrsotsbank director Boris Tymonkin, the real estate prices won’t drop until there is more housing to sell.

“In Kyiv, where the most capital is concentrated, nearly 1 mln of square meters of housing is built on an annual basis, while the demand is at least twice higher.

“At the same time, the supply didn’t grow for years. So, the money supply and the population’s incomes grow much faster than the building volumes,” he said.

The source: Rynok.biz