The fastest decrease in apartment sales was in Samara – 46% fewer apartments were sold, the smallest decrease was in Kazan (13%).
In Russia’s largest city last year, sales of apartments in new buildings under an equity participation agreement (EPA) fell by an average of 25%. RosSMI writes about this with reference to analytical data.
It was noted that the fastest decrease in apartment sales was in Samara – 46% fewer apartments were sold, the smallest decrease was in Kazan (13%).
Nationwide, sales were down 22%. Analysts believe that this year the number of apartments sold in buildings under construction will decrease by at least another 20%.
Last year, about 287.2 thousand DGU apartments were sold in new buildings in 16 megacities of Russia with a population of more than 1 million people, as well as in Saratov and Tyumen. A year before, the number of transactions was 25% higher. The worst situation is in Samara, where 4,815 apartments were sold (46% decrease compared to last year), Krasnoyarsk – 7,155 (43%) and Saratov – 1,114 (42%).
In Omsk and Nizhny Novgorod, the number of transactions decreased by 39% (1801 and 5031 apartments, respectively), in Volgograd – by 38% (5135), in Perm – by 36% (6815), by 36 % (6815), Krasnodar – by 34 % (25,185), Novosibirsk – by 33% (13,101), in Rostov-on-Don – by 31% (14,628).
We remind you that in the Russian capital Moscow, the demand for housing has decreased three times. It was also reported that Russia recorded the largest increase in wage arrears in 11 years.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.