In the long run, housing prices in Russia will gradually rise. About this “Lente.ru” declaration economist, first vice president of Opora Rossii, Pavel Sigal.
“In the long run, if you look at the next 5 years, there will definitely be a gradual increase in housing costs, this is often associated with economic trends,” Segal said.
According to him, economy class residences will approach the comfort class segment. As people get used to the fact that housing quality gets better over time, comfort will also move into the business category.
He added that the reductions in prices for new buildings are due to increased competition among developers. In addition, a number of developers can now offer favorable deal terms, especially before the holiday season.
April 19, the newspaper Izvestia cites the statistics of analysts at VSN Realty WroteThe capital reported that the number of transactions with new buildings in the real estate market increased by 32 percent in March this year. This factor indicates a gradual recovery of this segment.