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Housing prices jump forecast in Russia
In 2020, housing prices are expected to rise in Russia. In the primary market, experts predict growth by 10%, and in the secondary market - at least 6%.
As reported "News" With reference to CIAN analysts, in some new buildings where demand is very high, prices can rise immediately by 15%. This is due to the transition to ex-accounts and the decline in offers.
According to Avito Real Estate, in 2019 primary real estate in Russia went up by 30% and reached an average of 68 thousand rubles per square meter, and secondary - by 5% to the level of 45 thousand rubles per square meter. This is due to the introduction of project financing and the growth of VAT.