Irkutsk
Ulan-Ude

Blagoveshchensk
Chita
Yakutsk

Birobidzhan
Vladivostok
Khabarovsk

Magadan
Yuzhno-Sakhalinsk

Anadyr
Petropavlovsk-
Kamchatsky
Moscow

This text is translated into Russian by google automatic human level neural machine.
EastRussia is not responsible for any mistakes in the translated text. Sorry for the inconvinience.
Please refer to the text in Russian as a source.

In Russia, growth in rental prices is expected

In Russia, growth in rental prices is expected
Photo: pixabay.com

The cost of rental housing in large cities of Russia can grow from 5 to 10% in 2020. Experts attribute this to rising prices for new buildings due to the switch to escort accounts, an increase in housing and communal services tariffs and a number of other factors.

As reported "News" referring to the data of large real estate agencies, a surge in prices is expected in the second half of the year, starting from July-August. The rental price will increase after the cost per square meter. Over the past year, new buildings have risen in price by 10%, and secondary housing by 6%.

In Russia, the average rental price for a one-room apartment is 13 thousand rubles per month, for a two-room apartment - 17 thousand rubles, for a three-room apartment - 23 thousand rubles. The growth will be associated with the desire of the owners to maintain their income amid rising utility tariffs, an increase in fees for overhaul and inflation.

Due to the transition to project financing for the construction of new buildings, their number will decrease markedly, experts say, which will also lead to an increase in the cost of rental housing.