After a sharp increase in the summer months, Russians’ interest in purchasing secondary real estate began to decline. According to experts, this will lead to a slowdown in price growth and the emergence of discounts on apartments. This was reported by “Kommersant”.
According to Qian, the average price per square meter in the secondary market in September increased by 1.6%, following the record of 1.9% in August. Analysts explain this by the depletion of immediate demand.
“Those who planned to buy in the fall, due to concerns about loans, did so in the summer,” said Sergei Shloma, director of the Secondary Market department of Inkom-Real Estate. According to him, demand in September is already below normal and this trend will continue. This will force sellers to reduce prices. A noticeable decrease is expected after the new year.
“Private investors are actively selling their properties out of fear of long-term high loan rates,” added Ildar Khusainov from Etazhi.
The average cost of a “square” on the secondary market in Moscow increased by 1.1% per month, reaching 313.4 thousand rubles. Experts predict a gradual decline in prices in the coming months.
At the beginning of the week, it became clear where most of the Russians were investment money.
Previously in Moscow it was There was an increase in the demand for new and high-quality buildings.
Source: Gazeta
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