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Vitebsk remains the leader in home prices

Prices for apartments in Vitebsk still above other regional centers. However, since the beginning of the year the average price of apartments sold in the Dvina grew by only 0.9%, and yet still in the IV quarter of 2013 the growth rate was an impressive 6.9%, according to realt.by.

Compared with the end of last year, sales of apartments in Vitebsk decreased slightly, but not so for other regional centers. In many ways, not given to spoil the overall statistics of the transaction on purchase of finished housing in the primary market, which accounted for about a fifth of the total volume of contracts.

Activity on demand ( number of transactions per thousand inhabitants ) Vitebsk superior to any other regional centers and is second only to the capital. And buy mostly 1- and 2-room apartments. Win sold apartments with three or more rooms in Vitebsk is significantly lower than in other cities.

Demand for apartments in I quarter compared with the same period in 2013 was lower than in most cities of Belarus. Sales decline to 20% was noted in Polotsk and Novopolotsk, 20-30% fewer apartments were sold in Orsha.