Property prices in 2016 in Belarus will fall, said the Minister of construction and architecture of Belarus Anatoly Chernyi at the TV channel Belarus 1, BelTA informs.
“The market is falling. Luxury housing has to catch up and drop the price to find a buyer,” he said. He has noticed that housing built with state support, and that offered by commercial developers in the regional centers, costs about $400 per sq. m. “there is No trend in its growth. The price will go down,” concluded the head of Department.
“Growth in housing prices with government support I don’t see more than 5%”, – said Anatoly Black. The Minister also said that this year it is planned to enter a 127 thousand square meters of rental housing. He recalled that in 2015 this figure amounted to 176 thousand square meters of housing for the needy will be spent Br4. 5 trillion. “For this money we could build, given the fact that hold down the price per square meter, is 840 thousand square meters”, – said the head of the Ministry of architecture.
“I think that with the growth of the economy, the housing also will grow”, – said Anatoly Black. He also touched on the topic of the development of the satellite cities of Minsk. It is planned to associate them with the capital by railway. Also there will be created new jobs and social infrastructure, including kindergartens. Read more: http://www.belta.by/economics/view/tseny-na-nedvizhimost-v-2016-godu-budut-padat-180608-2016/ At any use of materials the active hyperlink to belta.by mandatory
