New buildings continue to rise in price in Russia

New construction projects in Russia continue to increase in value

В России продолжают дорожать новостройки

Housing in new buildings in major Russian cities rose in price by an average of 6 percent in the first half of the year.

At the same time, RIA Novosti writes, of the 70 cities studied in the first half of the year, the price per square meter fell in only four, and increased in the remaining 66.

As specified in the “World of Apartments”, Cherepovets (+16.9%), Vladikavkaz (+16.4%), Sevastopol (+15.4%), Ulan-Ude (+14.4%), Lipetsk (+13.5%), Saransk (+13.4%), Samara (+12.1%), Kurgan (+11.1%), Simferopol (+11%) and Omsk (+10.5%).

In Moscow, the price of the “square”, according to the company, increased by 8%, in the Moscow region — by 3.7%, in St. Petersburg — by 3%.

Earlier, the Free Press wrote the news that the demand for small-sized apartments in Russia has fallen. The share of single-family homes in the secondary market that purchase mortgages has decreased by 1.5 times.


Leave a Reply

We use cookies to give you the best possible experience on our site. By clicking "Accept", you agree to our use of cookies.