Price rise for residential premises is not to exceed inflation level

09/23/2011

Price rise for residential premises is not to exceed inflation level

According to the data published by RBK Nedvizhimost internet portal analysts don’t expect that prices for realty will exceed inflation level. Experts refer to 2008 year when the share market fall down and the US dollar was strengthening. Thus prices for real estate started to reduce from that very period.

Demand cut down provoked price fall in the realm of premium and business class realty. Financial crises didn’t influence on economy class residential premises which are always of great demand. Analysts suppose that such condition will not take place till the end of the current year and there will be no sharp price cut down.