The average cost of suburban real estate in the Russian Federation has soared by 30% over the past year. Against this background, the demand for buying real estate outside the city has significantly decreased
Over the year, suburban real estate in Russia has risen in price by almost a third. This follows from the Avito Real Estate research. Against the background of rising costs, sales of houses outside the cities collapsed by 24%.
Ilya Volodko, CEO of Macon consulting company, comments on the current market situation:
Ilya Volodko, CEO of Macon consulting company, “First of all, the sharp increase in prices for suburban real estate is due to the fact that over the past three years mortgages have begun to develop very actively in the residential housing segment. That is, if earlier, 10-15 years ago, it was almost impossible to get a loan to buy a home, now it has become possible, and many people prefer to purchase housing in residential housing instead of buying an apartment.”
At the same time, citizens began to rent cottages and country houses more often, and for a long time. Rental demand has increased by almost 10%.
business fm on telegram
Elena Blinovskaya’s husband left for the military operation zone in Ukraine
The Israeli Foreign Minister accused Iran of conducting a “pirate operation”
The United States has imposed a ban on imports of aluminum, copper and nickel from Russia
Gazprombank and MKB apps have been removed from the App Store
Lenta has suspended purchases from a number of suppliers
Scholz: the West will arm Ukraine “for a long time”
Irina Radchenko, President of the International Academy of Mortgage and Real Estate, speaks about the factors that influenced this.:
Irina Radchenko, President of the International Academy of Mortgage and Real Estate, “There is still such a factor as the closure of borders. Last year, he gave a very serious demand for the suburban market. All the hotels were occupied, all the holiday homes were occupied for the summer. Now many people are already booking. I know I have a lot of friends who book a room for three months. And because people want to relax, but they no longer have the opportunity they used to have. This is the first factor. And the second reason why there is still a lot of demand is because people want to experience various cataclysms that happen in large cities, outside the city, you know, where there is a column, just in case. And this is also due to the fact that expensive real estate, for example, Rublevka, New Riga, is now for sale because people have gone abroad. And it is clear that it is the luxury segment that is most under threat now, because those who could afford to rent 500-600 thousand rubles a month probably still do not live in Russia, and this segment is now the most affected, but economy and business class — they will develop and next.”
According to experts, stagnation in the suburban real estate market has been observed since the pandemic. Then everything that was sold earlier was bought in the shortest possible time, large developers did not enter the market due to rising prices for building materials and the departure of companies. And in fact, there are still few offers.
English 
Russian 
German 
Polish