The average price of apartments in new buildings in Moscow increased by 13.1% during the year, reaching 22.5 million rubles in August. In this respect writer The newspaper Izvestia cites analysts from Bon Ton real estate agency.
According to them, standard-class apartments are currently the cheapest – 7.1 million rubles. Prices increased by 29.5% during the year. The price of apartments in the comfort class fell by 2.7% to 9.7 million rubles. They cost 20.4 million rubles (10.2% more than last year) in the business class, and 75.9 million rubles (plus 7.9%) in the premium class. One-room plots and studios are most in demand.
“As the key rate rises to 12% and the mortgage rate is further adjusted, demand for flats is expected to decline in the short term. “The business class is the most vulnerable in this situation,” said Valeria Tsvetkova, managing director of Bon Ton.
The total supply of apartments in the new building market in the old Moscow has now reached 403.9 thousand square meters. m and 8.1 thousand lots, analysts said. They added that the supply of flats accounted for 14.2% of the total supply in the former Moscow primary market.
Analysts of the real estate company “Metrium” in June reported on the reduction of prices for new buildings in Moscow by 6% during the year. They stated that square meter prices in the capital decreased by 0.2 percent.
Earlier Moscow developers came with way to solve the unsold housing problem.