Growth of prices for Moscow elite real estate

Real estate analysts registered in the 3rd quarter of 2009 growth of the prices, reduction in quality options number and growth of demand for Moscow elite realty.

“Penny Lane Realty” company experts note the stabilization of the market and prices growth for options in elite segment. According to “Novoe Kachestvo” company the considerable demand for elite realty took place in Moscow real estate market.

Of the greatest demand among elite real estate customers are 3-room apartments in modern building in Moscow centre with total area about 100 sq. m at the price of one million USD.

As well experts notice 3% growth of prices in October. Besides, it is registered in the real estate market the reduction of attractive options, for instance, with expensive high-quality renovation. Next year experts forecasts aggravation of the situation because of the freezing of multitude buildings construction.

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