De luxe apartments come back to Moscow market and provoke price growth

Price growth on the secondary real estate market amounted 4,5%, as Knight Frank Company communicates. Analysts explain considerable price growth in this segment by the output of extra-expensive apartments rented before the crisis. Meanwhile the prices on the primary market increased merely by 0,3%.

Maximum price growth was registered in Khamovniki area. Knight Frank experts fixed also the cut-back of new a-list buildings volume by 6,3 %. “But merely 1/3 of the current offer on the primary market is situated in the officially registered buildings or in the buildings which are to be registered within this year”, - the account says.

The offer volume on the secondary market decreased by 3,7% despite the active saturation of the market by new offers.

See also
scroll up