The sq. meter in Sochi has risen in value essentially the most in a yr – nearly twice. This occurred, amongst different issues, due to the moratorium on new development, which was introduced within the metropolis. The availability of recent residences rapidly decreased, and the remaining builders raised the value tags nearly to the extent of the capital’s actual property. The state of affairs is comparable in Krasnodar, the place the expansion was 83.4% over the yr.
The highest ten costliest cities additionally included Murmansk (+60.3%), Ulan-Ude (+53.2%), Tver (+52.1%), Novokuznetsk (+51.3%), Kaliningrad (+49.9%), Chita (+49.3%), Omsk (+47.7%) and Belgorod (+47%).
Khabarovsk (+3.2%), Nizhny Tagil (+7.4%), Makhachkala (+9.1%), Tula (+15.6%), Kurgan (+15.9%), Yekaterinburg (+16.3%), Izhevsk (+16.9%), Naberezhnye Chelny (+18.1%), Yakutsk (+18.1%) and Smolensk (+18.1%) added the least in value.
Metropolitan areas have been in the course of the checklist. Moscow reached the value tag of 310,890 rubles/sq. m (+26.5%), Moscow area – 155,466 rubles/sq. m (+39.6%), St. Petersburg – 197,423 rubles/sq. m (+31.3%), Leningrad area – 130,188 rubles/sq. m (+36.9%).
The typical supply value of an condominium in a brand new constructing elevated over the yr in 68 cities out of 70, in two cities it decreased barely: in Nizhny Tagil (-6.2%) and Khabarovsk (-4.2%).
Now solely in 6 cities with a inhabitants of greater than 300 thousand folks, the price of a mean condominium is cheaper than 3 million rubles: in Nizhny Tagil (2.22 million rubles), Magnitogorsk (2.24 million), Makhachkala (2.81 million), Orenburg (2.81 million), Kirov (2.88 million) and Volzhsky (2.99 million). A yr in the past there have been 19 such cities.
In the entire nation for the yr, the typical value per sq. meter in new buildings is 93,563 rubles/sq. m (+32.3%), the typical value of an condominium is 5.13 million rubles (+28.1%).
“Such excessive dynamics within the main market is because of low-cost preferential mortgages, which proceed to be assist to patrons of housing in Russian cities. In capitals the place the quantity of a mortgage mortgage with state assist just isn’t sufficient to buy an condominium, there are favorable mortgage affords from builders who keep excessive demand for actual property. Rising inflation additionally contributes to larger costs,” mentioned Pavel Lutsenko, CEO of the portal.