Elite new buildings will go up





01.04.2011 12:15
Articles about real estate | Elite new buildings will go up In January-March second homes increased in price by about 4.5% relative to the fourth quarter of 2010, and new construction - 5,5%.

Today in the primary market of Moscow real estate up for sale about 1 thousand apartments (this number includes both the truly elite housing and housing-class "Business +"). It is estimated that the total area of ??the initial offer of over 150 thousand square meters. More than half of them are in the Central District of Moscow: Khamovniki and Ostozhenka - 42%, Tverskaya - 13%.

In the secondary market represented about 900 flats covering about 140 thousand meters in both modern and historic homes. Most of the proposals concentrated in the city center. Leaders of the proposals are Arbat, Patriarch's Ponds, now serving Presnya, Sretenka and Khamovniki (in 9-12% of total supply).

In the first quarter of 2011 the average price of transactions in an elite Moscow housing amounted to about 25.1 thousand dollars per square meter on the secondary market. For new buildings - 18,9 thousand dollars.

In January-March second homes increased in price by about 4.5% relative to the fourth quarter of 2010, and new construction - 5,5%. According to analysts of "new money", the price increase was due mainly to the dynamics of the ruble against the dollar. However, they predict that in the 2 nd quarter dollar prices will fall a bit, but for the year will be recorded increase in the cost of housing: 10% in the primary market and at 8-9% - in the secondary.

www.zagorodna.com
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