Ukraine is in the top 10 in the world in growth of house prices



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Ukraine is in the top 10 in the world in growth of house prices

Photo: krysha.ua

From the beginning of the year to September, prices increased by 1.8%

In the ranking of countries with rising residential real estate prices, Ukraine has risen from seventh to sixth place, overtaking Austria and Russia.

Ukraine entered the top 10 countries in the world in terms of property price growth. After the country’s residential property prices rose 10.3% year-on-year in the third quarter of 2020, the country ranked sixth, according to the UK-based Knight Frank Group.

The company in its quarterly Global House Price Index Q3 study notes that from the beginning of the year to September 2020, Ukrainian residential real estate prices have increased by 1.8%. In addition, there was a sharp jump in prices in the fourth quarter of 2019.

Apart from Ukraine, property prices are skyrocketing in New Zealand and Russia.

Turkey is the leader in the third quarter of the world house price index. In this country, real estate prices rose 25.7%. According to experts, this was due to high inflation.

It is followed in terms of property price growth by New Zealand (plus 15.4%), Luxembourg (13.4%), Slovakia (11.8%) and Poland (10.9%).

After Ukraine in the top ten of the ranking: Austria (9.5%), Russia (9.2%), Holland (8.5%) and Croatia (8.3%).

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We will remember, in Kiev, that the prices of rental housing have increased. At the same time, the real estate market in the capital is quite passive due to the coronavirus epidemic, and with the tightening of the quarantine it will be completely frozen, experts predict.

Korrespondent.net also wrote that Kiev ranks first in Europe in terms of the number of skyscrapers. In the capital of Ukraine, they counted 1,199 buildings of more than 35 meters. This is more than in London and Moscow.

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