The number of transactions in the market of elite housing near Moscow in August fell by 30%

01.09.2010 04:40
Articles about real estate | The number of transactions in the market of elite housing near Moscow in August fell by 30% Number of primary transactions made with cottages and townhouses premium and business class in Moscow, in August compared to July, decreased by 30% - up to 70, according to the study of IntermarkSavills.

"Weather anomalies have adjusted the volume of sales of expensive housing in the suburban market - over the past three months the total number of objects sold was about 300, which is 15% less than in the period from March to May this year," - added analysts.

According to them, the ruble prices on high-budget items in the Moscow region in August, were without major changes. Thus, the cost per square meter in a cottage, an increase of 1%, amounted to 129.4 thousand rubles, and in townhouse - 95.3 thousand (rise in price on 1,2%).

"Land without a contract for water or near forest areas have become the sales leader in the summer of 2010. In September and October are expected to increase demand for such facilities by 15-20% compared to the past summer months," - presented in the materials the words of a senior analyst monitoring and research IntermarkSavills Olga Vinokurova.
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