Ministry of Construction decided to increase the cost per square meter of housing in the Russian Federation by more than 6% by 2023

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From 2023, the Ministry of Construction will increase the standard cost per square meter of housing by 6.4% compared to the second half of 2022, to 88,737 rubles. About reported on the department’s website.

“The cost standard for 1 square meter. m in the Russian Federation in the first half of 2023 will amount to 88,737 rubles, which is 6.4% higher than in the second half of 2022. In addition, the document proposes to establish indicators of the average cost of 1 square. m residential building for each constituent entity of the Russian Federation for the first quarter of next year, ”the publication said.

The press service noted that for the first time standards will be established for the new regions of Russia. At the same time, appropriate changes were made to the methodology.

They also added that Moscow will have the highest rates, and the cost of one “square” will be 169,679 rubles. Then comes St. Petersburg – 165,315 rubles, and Primorsky Territory – 150,287 rubles.

In mid-December, RBC cited data from CIAN analysts. WroteIn 2022, the average price increase in the secondary housing market in Russia was 2.5 times lower than last year. According to CIAN, the average cost of one “square” in the Russian secondary market in 2021 increased by 26% to 97 thousand rubles. Price growth slowed in 2022: Prices have stagnated since April and have risen only 1.3% since that period.

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