Average real estate prices in Russia


According to Rosstat, real estate prices in Russia continue to grow. During the third quarter square meter in Russia die at 4.2%. Apartments in Moscow went up by 7.8%. Apartments in St Petersburg went up by 3.8%.

But the financial crisis momentum and Russia. As Russia has become more difficult to obtain mortgages. Most likely, in the next 6-12 months, real estate prices in Russia will decline by 10-15%. Already, some developers discounts built housing. For example, the St. Petersburg company LEK reduced the price of 15% on their apartments. True, a built flats have only two-, three-, four-room.

Average real estate prices in the regions of Russia (3 quarter, $ / square meter):
1. Moscow - 6 222
2. St. Petersburg - 3 077
3. Moscow region - 2 798
4. Sakhalin - 2 672
5. Kaluga region - 2 482
Russia (average) - 2 262


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