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Kyiv apartment rental prices drop 10% in April on coronavirus quarantine
Journal Staff Report

KYIV, April 24 – The cost of renting apartments in Kyiv fell by 7-10% in April compared to March, while in the suburbs of the capital, rents are mostly growing, and the prices for selling apartments in Kyiv and the suburbs continued to grow, according to analytics of OLX Real Estate.

"Since the middle of March, prices for long-term rental housing have been falling in the capital. If we compare the first half of March with April, then the one-bedroom apartments have fallen in price by 10%, or by UAH 1,000, now these apartments cost of UAH 9,000 per month, on average. Two-bedroom apartments are rented by 7%, or UAH 1,000 cheaper, for UAH 12,500. Three-bedroom apartments fell in price by 9%, or UAH 1,500, the average rent in April was UAH 15,000 per month," OLX told Interfax-Ukraine.




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