New housing availability in Moscow continues to lag in three key districts, according to the latest data reported by Izvestia and derived from NDV Supermarket Real Estate analysts. The three districts facing the most pronounced shortages are ZelAO, VAO, and SWAO, reflecting a broader trend in which supply fails to meet demand in the rapidly evolving city real estate market. The numbers show a stark imbalance: ZelAO accounts for just 0.7 percent of new homes within its overall housing stock, VAO reaches 4.8 percent, and SWAO sits at 6.4 percent. Such figures illuminate a landscape where brand-new apartments are scarce relative to the total housing options available in these districts, signaling a potential tilt toward older stock or secondary markets as buyers search for options in a constrained supply environment. This snapshot emerges from NDV Supermarket Real Estate’s statistical assessments, which Izvestia has summarized for readers seeking clarity on where new construction is most and least active in Moscow.
The concrete implication of these percentages is a limited pipeline of fresh projects in ZelAO, VAO, and SWAO. In ZelAO, the article notes that only a handful of projects are currently visible in the market: four projects classified as comfort class and a single project in the standard class tier, underscoring a tight development calendar and limited product variety for buyers who prefer newer buildings within this district. The distribution paints a picture of a district where new builds are not only scarce but also concentrated in a narrow band of offerings, which can influence pricing, financing strategies, and the speed at which buyers can secure a modern home. In VAO, the stock expands slightly, with two standard class projects, twelve comfort class projects, and four business class projects available for sale, indicating a more diversified but still relatively constrained lineup compared with other Moscow zones. This mix points to a market that accommodates a range of preferences, yet remains modest in total new construction, encouraging buyers to weigh location, project type, and delivery timeline carefully. In SWAO, the inventory at the moment includes one standard class project and a premium class option, alongside three comfort class projects and eleven business class projects. The spread across standard to premium tiers within SWAO suggests a strategy of balancing affordability with a degree of premium appeal, all within a market where new supply is far from abundant. The overall takeaway is that these three districts collectively illustrate a strategic bottleneck in new-build development that regional planners and developers are watching closely, especially as demand in Moscow continues to rise across many neighborhoods and price segments.
Beyond the headline figures, analysts highlight a broader affordability constraint in the Russian housing market. Recent commentary from Oleksiy Zubets, who leads the Institute for Social and Economic Research, points to a narrowing group of residents who can finance a home purchase without mortgage backing. In practical terms, only a small slice of the population can secure a new dwelling without taking on debt, and even with mortgage financing the pool of eligible buyers remains tightly bounded. The assessment indicates that approximately five percent of Russia’s population could realistically acquire a newly constructed home without a loan, while roughly ten percent could do so with mortgage support. These estimates reveal a stark reality about housing affordability and the potential implications for demand dynamics, particularly in the context of a limited new-build supply that constrains buyer options and could influence pricing trajectories across Moscow’s districts.