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Russia has set the highest prices for apartments in new buildings
Over the past six years, the highest prices for apartments in new buildings have been established in Russia. In some large cities, growth will reach 38,6%, an average square meter costs 107,3 thousand rubles.
As they say "News"referring to market experts, price increases began after the crisis of 2014-2015, when real estate demand increased amid falling mortgage rates. In addition, developers put a percentage burden on loans in the cost of a square, which for developers averages 12-14%.
According to experts, over the past six years, the average area of housing in popular formats has decreased, by about two to three square meters, due to which buyers are trying to save. Earlier, Russian Prime Minister Mikhail Mishustin said that mortgage rates in the country should go down below 8%.