The volume of housing construction in Russia fell for 10 months at 4.9%, to 37.7 million sq m

20.11.2010 00:05
Articles about real estate | The volume of housing construction in Russia fell for 10 months at 4.9%, to 37.7 million sq m Housing construction in Russia for ten months of 2010 declined compared to the same period in 2009, by 4,9% - to 37.7 million square meters, according to the Federal State Statistics Service (Rosstat).

As specified in the materials department, as a result of October in Russia built 4.7 million square meters of residential space, which is 2,5% more than in September 2010 and as many as in October last year.

"In January-October 2010, enterprises of all ownership built 441.7 thousand new apartments, one in October - 58.7 thousands of apartments," - says the Federal State Statistics Service.

According to estimates of service, the total amount of work performed by the activity "Construction" in Russia in the first ten months this year increased compared to the same period last year to 0,1% - to 3.147 trillion rubles.

In October, the volume of construction work in the country rose by 6,3% compared with the corresponding period the previous year - up to 421.4 billion rubles.
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Content tags: Overseas property Housing
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