Yanus analyst Alla Safronova said growth in demand is being stifled by potential buyers lack of real purchasing power. Safronova said most Ukrainians still have to sell their own apartment before they can manage to buy another. Panyuk said the major force driving the current demand for Kyiv s residential real estate comes from outside the capital. She said buyers from cities like Kharkiv and Dnipropetrovsk account for at least half of her company s total sales in Kyiv. Though real estate traders are cautious about predicting residential prices will see a substantial rise any time soon, they are confident the market s decline is over.
Demand is just re-emerging.