Ukraine's leading English-language newspaper since 1995

fall in prices for secondary housing was observed in all districts of Kyiv. The average price per square meter in a one- to three-room flat on the secondary housing market in Kyiv in U.S dollars in April to June 2009 fell by 10.59%, and as of July 1, 2009 was $1,494 per square meter, according to a press release of Kyiv-based SV Development consulting company.

A fall in prices for secondary housing was observed in all districts of Kyiv.

The maximum fall in the price of one square meter was recorded in Pechersky District at 12.05%, where the average price of one square meter was $2,512. The minimum fall in the price of one square meter was registered in Podilsky District at 9.17%, where the average price of one square meter was $1,379.

Darnytsky District remained the cheapest in terms of average prices, where the average price of one square meter over the period was $1,100, and Pechersky District remained the most expensive in average prices, where the average price of one square meter over the period was $2,512.

The company said while analyzing the secondary market prices its specialists took into account prices for secondary housing on the results of actual deals, but not general market prices.

SV Development has been operating on the Ukrainian market since 2005.