KIEV, Sept. 15 ??“ The transfer of mortgages into the so-called hryvnia zone will make real estate more expensive, says Oleksandr Bondarenko, the president of the Association of Realtors of Ukraine.

"Hryvnia rates on mortgage loans are 5-6% higher, therefore real estate will inevitably become more expensive," he said at an international conference on advanced technologies for the development of the real estate market in Kiev on Friday.