Vitebsk, the second most expensive housing the regional center of the country, the last 12 months by a sharp decline in interest from buyers of apartments. If the second half of 2013, demand for apartments in Vitebsk was one of the highest in the country, in the last quarter of the number of transactions that take place, reduced to the worst in the last 3 years of the index.

Weak demand has had an effect in April this year, when the owners of the apartments have been forced to make concessions. In March-June 2014, prices for apartments in Vitebsk decreased by 4.3%.

In other cities of Vitebsk region the situation is fundamentally opposite. Prices for apartments in Polotsk, Novopolotsk and Orsha simultaneously increased in the II quarter of 5-6% on a significantly increased demand for housing. The total number of sold apartments in three cities was higher than in Vitebsk, and it is very rare for the region's situation. In Novapolatsk and Orsha demand compared to the first quarter grew by 24%. Polotsk, the figure was an impressive 44% - the maximum value of all the major cities in the country.

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