Author Topic: Real Estate Industry  (Read 3750 times)

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Real Estate Industry
« on: November 24, 2009, 08:46:12 AM »
How's the real estate industry in Russia?
Is affected by the global crisis?
Is it the right time to by a property?

You can check out more here:
[url=]Russia Real Estate Prices[/url]

Russian house prices fall, despite economic recovery

Russian house prices dropped 7.56% during the year to Q1 2010. When adjusted for inflation, house prices fell 13.8% over the same period, according to the Federal State Statistics Service (Rosstat). 
Economic growth is accelerating
But property prices continue to fall

Property prices started to weaken in late-2008. In March 2010, the average price of Moscow newly-build elite property was US$19,475 (RUB593,372) per square meter, according to Knight Frank. For resale properties, the average price was US$24,730 (RUB753,484) per square metre.  In Moscow, average resale property prices fell 3.9% during the year to end-Q1 2010, while resale property prices dropped 7.8% in St. Petersburg, according to Rosstat.

Thanks for looking
« Last Edit: September 15, 2010, 05:35:18 AM by Sennaya »


  • Guest
Re: Real Estate Industry
« Reply #1 on: March 25, 2010, 08:31:54 AM »
Yes, I am looking for a house in Ivanovo? Could you please tell me the average price of houses here?