Over the long horizon, Russian housing prices are expected to rise gradually. This view aligns with insights from a leading industry observer who serves as the first vice president of a major industry association. He notes that the next five years should see steady growth in housing costs, a pattern tied to broader economic trends.
According to him, economy-class residences are likely to move toward the comfort segment. As buyers experience improvements in housing quality, the market should see comfort-oriented options climbing into the business or premium categories, reflecting a shift in consumer expectations and product offerings over time.
The same expert points out that cooling prices for new buildings can be attributed to increased competition among developers. With more players in the market, favorable terms are more common, especially when buyers shop during peak seasonal periods and promotional windows.
Industry analysts have highlighted a notable uptick in activity in the new-build segment. In March, the market experienced a significant rise in transactions for new properties, signaling a gradual recovery and renewed buyer confidence. This trend suggests a strengthening market dynamic as supply expands and demand stabilizes after earlier fluctuations.
Looking ahead, the housing market is expected to respond to ongoing economic developments, including demand for better quality homes, regulatory adjustments, and evolving lending conditions. Buyers may notice a broadening range of mid-tier products that blur traditional class distinctions, offering more affordable access to improved living standards while developers compete on location, design, and value.