Average retail prices for petrol and diesel fuel in Ukraine in the period from January 18 through January 25, 2019 fell by 0.03-0.14%, while prices of LPG by 4.48%, according to data from the A-95 Consulting Group (Kyiv).
Changes in average retail fuel prices UAH per liter in Ukraine:
©Source: A-95 Consulting Company
Average retail prices for petrol and diesel fuel in Ukraine in the period from January 11 through January 18, 2019 fell by 0.17-0.1%, while prices of LPG by 4.51%, according to data from the A-95 Consulting Group (Kyiv).
Changes in average retail fuel prices UAH per liter in Ukraine:
©Source: A-95 Consulting Company
Prices of residential property could grow by up to 20% after elections in 2019, according to the Confederation of Builders of Ukraine.
“The situation of 2018 will partially continue in 2019. Property prices in Ukraine will gradually increase. At the beginning of the year, there will not be a sharp increase in prices, but after the elections, the price of residential property would rise by up to 20%,” the confederation said in a press release.
In the opinion of the confederation, prices in 2019 will be affected by high supply and low demand, an increase in interest rates on loans, a rise in wages, prices for building materials, logistics, and fuel. At the same time, the demand of buyers will be stimulated by a competent project concept, quality of construction, and pricing policy.
The confederation also plans together with the Regional Development, Construction, Housing and Utilities Economy Ministry to review a number of national construction standards, as well as to complete the discussion of bills on the protection of investors who are victims of frauds on the market and on long-delayed construction projects.
According to the press release, in 2019, the National Bank of Ukraine (NBU) expects growth in the lending pace on the real estate market. At the same time, the rate of lending to the population increased by 40% in 2018, the confederation reported with reference to the NBU.
According to the confederation, in the current year, the elite class housing became cheaper – the average price of one square meter in Kyiv in 2018 amounted to UAH 53,000, which is 13% lower than in 2017; at the same time, economy class housing has risen in price by almost 14% compared with 2017, to UAH 19,000 per square meter.
The occupancy of the most popular hotels in Kyiv for the period of the UEFA Champions League final reaches 100%, while prices exceed the usual tariffs by 5-10 times, experts polled by Interfax-Ukraine believe. “Almost all the hotels (more than 90%) have been booked for the period of the UEFA Champions League that will take place in Kyiv on May 26. Most of them have a minimum period of booking for the duration of the match, usually three or five days. The price of rooms depends on the location of the hotel. Prices for rooms in hotels in the center of the city are 5-10 times higher than the standard rate,” Natalia Chistiakova, the director of the valuation and consulting department at Colliers International (Ukraine), said.
According to her, the most popular objects are three-, four- and five-star hotels in the central part of the city. Tariffs for rooms decrease with distance from the Olympiysky sports complex.
In particular, according to Park Inn by Radisson Kyiv Troyitska hotel, located near the sports complex, all the rooms in the object have already been booked. At the same time, the hotel offers guests the option of including in the waiting list and after May 4 receive an answer whether there are any vacant rooms. “Given the mistakes of the previous years when carrying out the events of this level, hoteliers, more often, book rooms on a prepayment of not less than 70%,” the expert said.
