Average price of 1 sq. m of housing in Russia for 9 months increased by 1.2 percent





14.10.2010 19:50
Real Estate Market Analysis | Average price of 1 sq. m of housing in Russia for 9 months increased by 1.2 percent Average price of 1 sq. m of economy class housing in Russia for the first 9 months of 2010 increased by 1.2 percent to 40.99 thousand rubles. This is the conclusion analysts Builders Association of Russia / RSA.

From September 2008 / beginning of the crisis / decline was 22.69 percent.

Average cost of 1 sq m in new Russia has declined over the 9 months to 0.31 percent to 36.75 thousand rubles. Since September 2008, a decline of 17.29 percent. Construction cost is 35.26 thousand rubles per sq. m.

"Prices per square meter of housing in Russia began to recover. The market has begun a long-awaited stabilization. Promised some experts, the surge in the housing market of the Russian Federation has not happened", - analysts say the ACP.

In the Russian regions occur minor fluctuations in housing prices in large and in the smaller side.
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Content tags: Overseas property Housing
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