In August, twenty-two thousand apartments and flats were sold in new business class buildings across Moscow. The Southern Administrative District accounted for the largest share of supply, with around five thousand units, representing roughly twenty-two percent of the total. This finding comes from a study conducted by Metrium in collaboration with Aeon Development and reported by socialbites.ca.
From January through July, purchases of new-build homes in the south under capital participation agreements made up twenty-five percent of Moscow’s overall business-class housing sales. Consequently, demand in this district exceeded supply, which stood at twenty-two percent at that time.
The Southern Administrative District is described as dynamically growing, with expanding entertainment, social, commercial, and transport infrastructure attracting increasing numbers of buyers. Analysts note that the district is evolving into a prestigious recreation hub within the capital, positioning it as a leader in new business-class housing proposals. Looking ahead, large-scale developments are expected to further secure the region’s leadership for years to come, according to Dmitry Starostin, Managing Partner of Aeon Development, in a summary of market trends.
Second place in the market is the Western Administrative Region, which holds sixteen percent and about three and a half thousand business-class offers. The Northwest Region follows with fifteen percent and approximately three thousand four hundred homes.
The Eastern Administrative Region shows the smallest supply for business-class plots, totaling roughly six hundred apartments and about three percent of the market. Yet the VAO has emerged as a leader in supply growth rates over the year, underscoring the shifting dynamics across districts.
Market analysis was based on data gathered in September, reflecting close-to-current conditions across Moscow’s upper-tier housing sector. The latest findings indicate notable regional variations in both supply volumes and demand pressures, shaped by district-specific developments and financing options available to buyers. A related observation highlights evolving financing conditions and borrower experience as a factor influencing purchasing behavior in the sector.
Russians are warning about obstacles encountered when applying for concessional mortgages, a factor that could affect demand trajectories in the near term and shape district-level dynamics for affordability and accessibility in the capital.”