The demand for secondary real estate in major cities of Russia continues to decrease due to the general economic situation. writes about this “Kommersant” By consulting expert opinions;
However, according to data from analytical companies, this has not led to a significant decrease in average supply prices so far.
According to CIAN.Analytics, the average cost of second homes in 18 key regional markets in March 2024 was 142.8 thousand rubles. m per sq. m increased by 0.5% during the month. Etazhi estimates the average price in Russia at 122.1 thousand per square meter.
“Although the amount of supply has increased, the real choice for buyers is not that good due to the lack of liquid lots,” says Alexey Popov, head of CIAN.Analytics.
The most notable growth was recorded by Nizhny Novgorod (+1.9% month on month) and Krasnodar (+1.2%). St. In St. Petersburg, prices fell by 0.9%.
“Competition for buyers forces sellers to make discounts – the average discount in March reached 4.7% compared to the previous 3%,” says Etazhi director Ildar Khusainov, noting the emergence of lots for urgent sale.
Prices for apartments on the secondary market in Moscow remained almost unchanged during the month at +0.1%, according to CIAN.Analytics.
Experts predict that demand will weaken further due to rising mortgage prices and stagnation in prices. No significant decline is expected yet; many sellers will choose to postpone transactions.
It was known that before that there was the Bank of Russia. supported housing deposit idea.
Russians before he turned his back from a cheap “primary” one.