OREANDA-NEWS. April 09, 2012. In 2011 more than 254.5 thousand contracts were certified by notaries of Ukraine (buy and sell agreement of apartments and houses). Specified number of operations by almost 12% more than in 2010 (over 224.9 thousand buy and sell agreements of apartments and houses). Thus, last year the real estate market in Ukraine stopped falling for the first time since 2008 year.

This was started by the Minister of Justice with reference to the statistical report on the activities of notaries in 2011 year.

Broken down the largest regions of Ukraine (in terms of population) in 2011 notaries certified following number of buy and sell agreements of apartments and houses: in the capital of Ukraine, Kyiv - 23 267, in Donetsk region - 32 992, in Odessa region - 13 465, in Lviv region - 9466, in Kharkiv region - 22 378.

The Minister reminded that the relative stabilization of the real estate market in Ukraine began in 2010. That year notaries had certified buy and sell agreements of apartments and houses only by half of one percent (about 1.5 thousand agreements) less than in 2009. In comparison, during 2009 the number of agreements in the real estate market fell by 27 percent relative to 2008. In turn, in 2008, compared with 2007, the number of buy and sell agreements of residential property fell by almost 20 percent.