Demand for luxury suburban housing for the month increased by 30%

08.12.2010 00:10
Real Estate Market Analysis | Demand for luxury suburban housing for the month increased by 30% In November this year, demand for luxury suburban housing increased by 30% compared with October. As noted by analysts IntermarkSavills, sales were more than 160 vysokobyudzhetnyh cottage villages of Moscow Region. In the four villages of business and premium-class primary implementation has been completed. New projects in this segment of the market does not go.

In November the average ruble prices rose by 6%. The rise in prices is mainly due to settlements of business class, where in some projects the cost of completed properties increased by 15-20%.

Related article: Cottages and land at Kiev: demand revived after summer

Average cost per square meter in a preferred cottage was 138,500 rubles, and townhouses - 104.5 thousand rubles.

"In October and November there was the expected intensification of the demand for suburban sites, which, coupled with increasing availability of cottage settlements resulted in an increase in average prices in the market.

New Year's holidays developers willing to announce discounts and promotions designed to attract consumers' attention to the countryside projects. In fact, these discounts will affect some of the most expensive facilities in the townships, while in general one can predict prices on the market in December for another 5-7%, "said Olga Vinokourov, a senior analyst of research and monitoring IntermarkSavills.
Content tags: Residential Real Estate
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