In the second half of 2023, the Moscow region can expect a shortage of cheap housing in the secondary market, as there is already a marked imbalance in the supply and demand for such real estate. About this newspaper “Izvestia” declaration Analysts at NDV Supermarket Real Estate.
“If the pace of sales of liquid residential real estate in the secondary market of Moscow and the Moscow Region continues in the second half of the year, there may be a shortage of cheap apartments with optimal quality characteristics,” experts said.
The publication noted that the sharp increase in demand for liquid lots in the first and second quarters led to a decrease in supply. It has already sold 65% of its portfolio of low-cost housing on the secondary market. All this is due to last year’s delayed demand and the positive mood of buyers.
Analysts have calculated that at least 25% of the volumes at the beginning of the year must enter the market by September to balance the supply and demand of liquid lots in the bulk segment.
May 8 newspaper “Kommersant” WroteThat the prices of secondary real estate in Russia’s largest regional markets began to rise gradually. Since the beginning of May, the cost of such housing has increased by an average of 1%. One of the main reasons for maintaining a moderate increase in the cost of secondary housing in Russia was the steady demand from buyers.