Since 2001, Kiev real estate prices have been gradually growing, with an average increase of 29% a year. By december 2006, the prices climbed so high that real estate agents began to talk about the decline or at least halt in growth for kiev real estate.

61% of the investors interviewed believe that Kiev & its real estate has the greatest
potential and the most attractive investment climate in Ukraine.

Price growth has been intense during the last several months, however, there is no significant evidence to believe that kiev real estate prices would fall or even stop growing. These promising forecasts are only based on the real market indexes and – most importantly – the anticipation of decline.

This psychological motif is very important in finance and stock markets, however
it really affects the market if it is perceived massively on a national (or at least municipal) level.

An interesting fact in the prognoses and market analyses of Kiev real estate market is the following: most analyses are only based on fundamental data, which comprises economic, political, environmental, and demographical data. However, since not so long ago, there is a possibility (if not a need) to look at Kiev real estate market as at a stock market, - as if on a commodity. Barring the fact that price behavior is asking for such an approach, it is also a well-known fact that significant portion
of buyers in this market purchase estate as an investment. Thus, kiev real estate is a speculative instrument for the many, and luckily for developing Ukraine, the price
is naturally formed by the demand/supply difference. In developed countries, real
estate markets have long ago became an inseparable part of financial markets, such
as stock or foreign currency exchange (ForEx) markets. Therefore, real estate market
in Kiev is prone to technical analysis. And since financial markets in Ukraine
are underdeveloped and people do not know about the ways to analyze fluctuating prices
other than applying statistical inference, I believe there is a strong need to apply
technical analysis and show that there is high probability that price growth will remain,
although not that fast.

--Kalina Daryl

Wow, that seems very expensive! I've often wondered what real estate prices were in countries other than the US. Seems well beyond what you would pay here. Maybe I misunderstood you. I wonder what land prices are there.
--D L Langseth
<http://www.landofyourdreams.com>