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SUBJECT:
The outlook for Ukraine's real estate market.
SIGNIFICANCE:
Until recently, Ukraine's real estate was regarded as one of the most lucrative opportunities for foreign and domestic investors. Several years of relatively strong and steady overall economic growth helped this sector to attract the second-largest proportion of foreign direct investment, after the financial sector. However, with all manner of economic troubles descending upon the country, the once-booming real estate market is going through its worst period since the regional financial crisis of the late 1990s.
Word Count (approx): 1218
Headings
- Boom years
- Gradual cooling
- Residential market weakness
- Primary housing market
- Secondary housing market
- Outlook
Primary Keywords: RUCIS, Ukraine, economy, banking, construction, consumer, finance, foreign investment, investment, prices, property
Secondary Keywords: Russia, corporate, debt, population
What is this article?
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