As the head of the analytical center CIAN Aleksey Popov told the publication, the average cost of 1 sq. M.
m in the primary real estate market in Russian cities with a population of over one million is currently 80.4 thousand rubles, which is 3% higher than a month ago.
“We expect further price increases - up to 12% by the end of the year.
Among the reasons - high demand due to the program of preferential mortgages at 6.5% and the entry into the market of investors - citizens who decided to withdraw savings from deposits and invest in square meters, ”he said.
According to the head of the direction of new buildings in Avito Real Estate, Dmitry Alekseev, by the end of the year, real estate prices in the country are likely to rise, the material says.
The specialist noted that new buildings in St. Petersburg have risen in price by 28.2% compared to the same period in 2019.
“By 15.3% - in Krasnodar, by 12.1% - in Novosibirsk, by 12.7% - in Kazan,” the newspaper quoted him as saying.
Earlier, an independent financial and economic expert Alexander Trifonov, in an interview with FBA "Economics Today", assessed the situation in the Russian housing lending market.