Summer 2002, Vol 27, No 2

Abstract: This paper includes a brief history of the real estate market in Kiev, Ukraine, and a discussion of the unique considerations facing participants in this market. Because of problems with legal and financial institutions in Ukraine, real estate markets have developed slowly. The focus of the paper is on Kiev, which has the most active sales and rental markets in a country where the population has declined almost 6 percent since independence in 1991. Quantitative comparisons of rental and sales data from three city districts are at the end of the paper.