After the increase in demand in the autumn, the rental housing market in Russia began to stabilize; The rate of growth in rates slowed or stopped in the largest regional markets. This was reported by “Kommersant”.
However, prices are still kept at high levels to reflect owners’ expectations. According to analysts, the average cost of renting a one-room apartment in 18 major cities in November amounted to 27.1 thousand rubles, an increase of 1% per month. The price of renting two-room apartments fell by 2% to 39.5 thousand rubles.
The largest increase in prices for one-room apartments was recorded in Krasnoyarsk, Chelyabinsk and Perm, with 4%. At the same time, prices in Voronezh are 8%, in St. In St. Petersburg, it fell by 1%. The average rental cost of one-room apartments in Moscow was 55 thousand rubles, and the rental of two-room apartments was 99.2 thousand rubles.
According to experts, properties with adequate rates have started to return to the market. At the same time, the psychological factor forces many owners to continue increasing prices.
Demand is expected to decrease by another 10% by the end of the year. Some landlords may increase discounts. But after the New Year, another rise in interest rates is possible as renting remains a more profitable alternative to mortgages.
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