The neural network calculated the Russian cities where the cost per square meter of housing in the secondary market fell the most in April 2023. Prices for “Square” fell the most in Bryansk, Tver, Kazan and Khabarovsk. wrote about it red blood cell with reference to analysts of the consulting company SRG.
Price dynamics per square meter in 50 Russian cities with the largest secondary housing markets were performed by the SRG automated real estate valuation system using artificial intelligence and mathematical machine learning algorithms.
According to the neural network, prices for a “square” in finished apartments fell the most in April in Bryansk. There, its price fell by 2.56% compared to a month, to 73.1 thousand rubles. Tver took the second place. There the cost per square meter decreased by an average of 1.13%, amounting to 86.9 thousand rubles. Kazan and Khabarovsk were also included in the top 3 with a decrease of 1.11% per square meter. Now there it costs 139.1 thousand and 116.2 thousand rubles, respectively.
Also, the cost of housing in the secondary market fell in April in Tyumen, Penza, Lipetsk, Novosibirsk, Krasnodar and Vladivostok.
According to the newspaper’s report “Kommersant”In May, a gradual increase in prices for secondary real estate began in Russia’s largest regional markets. We are talking about more than 16 million cities, Moscow and Leningrad regions. There the cost of a “square” increased by an average of 1%.