Second house prices in Russia reached the highest level in history

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In November, the average cost per square meter of finished apartments in the secondary market reached RUB 119.13 thousand; This is a new record. The newspaper reports this “News” With reference to data of Etazhi company

Prices rose 1.4% despite declines in mortgage availability and real estate demand. According to company expert Tatyana Akhmetdinova, this is due to the change in the supply structure. Nowadays, people mostly buy apartments with maximum discounts, so the average cost per square meter is increasing.

The largest price increases were in Omsk, Kazan, Rostov-on-Don – 3.5%, Yekaterinburg – 3.2%, St. Petersburg – recorded at 2.7%. The minimum increase was recorded in Volgograd, Ufa by 0.7 percent and Moscow by 0.6 percent. Second-hand sales prices have not fallen in more than a million cities.

According to Akhmetdinova, prices are increasing due to inertia, but discounts are increasing for apartments whose owners want to sell quickly. This is a justified strategy given the risk of further declines in mortgage availability.

Before that, it was known that the preferential mortgage down payment was repaid. will raised

Previously expert stated About the risk of shortage of new buildings in Russia.

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