Rise of demand on rental real estate market

According to the information published in Russian news & information agency RIA Novosti considerable rise of demand on the rental real estate market is recorded.

Experts report that the cause of this situation is the world financial crisis. Clients who were planning to acquire some property now are forced to rent lodging. According to Miel-Arenda company, in January, 2009 the demand on apartment rent increased to 64,2 % in comparison with January, 2008.

DOKI real estate agency experts point out that in February, 2009 the price on 2-room business-сlass apartments and 1-room elite apartments rose. Prices on 1/3-room business-class apartments are abating.

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