Real estate experts register Moscow realty market stabilization

According to “Incom” corporation up to the end of November the average price for realty in Moscow made up 173,9 thousand Rubles for a sq. m and for real estate in Moscow region the price was 72,2 thousand Rubles for a sq. m. Analysts of the company consider November, 2009 being stable.

There were no considerable changes on Moscow real estate market. Besides “Incom” company, the market stabilization was registered by experts of “Miel” real estate agency.

Moreover, the company marked the growth of potential Moscow realty buyers’ interest to mortgage programs: many clients take mortgage credits for acquiring of apartments in the framework of alternative deals. In interview with “RBK-Nedvizhimost’” the head of the “Incom” analytic centre Dmitry Taganov claimed that “not expensive but qualitative realty is still of great demand”. Low quality apartments which were offered in mass in the early autumn weren’t backed up by buyers.

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