KIEV, June 23 – Growth in the number of newly built houses, postponed supply on the housing market and restricted demand are threatening to increase financial risks for contractors, according to a financial stability report the National Bank of Ukraine posted on its website this week.
"Supply continues to grow on the residential real estate market, but demand is limited and there are no significant factors to increase it in the short term, which forms an excessive supply, gradually swelling. The lending volumes are too small to stimulate demand and influence prices," the report says.
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