Experts have called the minimum cost of housing

18.09.2010 12:37
Real Estate Market Analysis | Experts have called the minimum cost of housing Cheaper than 80 thousand rubles per square meter of housing in the capital to buy a new house is already impossible.

According to the company Est-a-Tet, the level of house price economy class in Moscow is in the range 80-140 thousand rubles per square meter. Apartments at a price of 80-85 rubles today can be found in the homes of the very early stages of construction - some of these projects. The range of housing prices of business class - from 140 to 250 thousand.

"Until the end of the year prices for new buildings in Moscow and its suburbs can grow at least 5%. This is due to increased demand for housing, economic recovery, declining supply of new buildings because of the large amount of "frozen" during the crisis projects.

This year, Russia is expected to decrease in volumes of housing construction by 8-10% compared with 2009. If we consider that in 2009, was commissioned by 6,7% less than a year earlier, the overall decline in entry compared with 2008 in 2010 will be about 15-16% ", - predicts the head of the analytical department at Est-a- Tet Denis Bobkov.
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