Ukraine Property Prices Rising, But U...

Ukraine Property Prices Rising, But Unlikely To Keep Pace

There are 3 comments on the Nu Wire Investor story from May 18, 2012, titled Ukraine Property Prices Rising, But Unlikely To Keep Pace. In it, Nu Wire Investor reports that:

The Ukrainian real estate rollercoaster reached new heights for year ending in April 2012, up 28.9% to nearly $3,000 per square meter.

Join the discussion below, or Read more at Nu Wire Investor.

Philip Allchurch

Calgary, Canada

#2 May 19, 2012
All real estate purchase transactions in Ukraine are done in US dollars. The defacto currency in Ukraine for business transactions is increasingly in US dollars.If you want to buy or sell a condo in Kiev, Lviv, Kharkov or in Sevastapol, or anywhere in Ukraine, the deal is always done in US dollars. This all means Ukraine is aligning itself economically with the west and using the US dollar.Millions of US dollars are also moving back to Ukraine from Israel and the US and Canada as the Ukrainian diaspora returns to retire and invest money in Ukraine. FYI.
Thomas Eaton

Calgary, Canada

#3 May 19, 2012
Interesting.
Warrior Poet UGX

Oakridge, OR

#4 May 19, 2012
Interesting indeed. It would seem that Ukraine's economy is growing despite the best effort of Professor Bumble (Yanu).

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