The average cost of new buildings in the largest Russian cities in September amounted to 73-85 thousand rubles. per sq. m – experts

The average cost of new buildings in the largest Russian cities in September amounted to 73-85 thousand rubles. per sq. m – experts

The average cost of new buildings in the largest Russian cities in September amounted to 73-85 thousand rubles. per sq. m - experts

The average cost of new buildings in Russian cities with a population of over one million in September amounted to 84.7 thousand rubles. per sq. m, an increase of 2% versus August and 13% versus September last year. Such data are cited by analysts of CIAN, pointing out that, despite the fact that the trend towards an increase in prices will continue, their growth has slowed down. So, for example, in August relative to July, new buildings rose in price by 3%. Similar calculations are given in the company “Etazhi”, according to which the average cost of new buildings in 19 largest cities of the country is now 73.3 thousand rubles. per sq. m. According to the results of the past month, analysts noted the rise in prices in 17 out of 19 cities of Russia, according to Kommersant.

According to CIAN calculations, Voronezh became the leader in price growth on the primary market in September, where the average indicator increased by 8% relative to August, to 59.7 thousand rubles. per sq. m. Ufa is in second place, here the growth is estimated at 6%, up to 90.9 thousand rubles. per sq. m. The city is at the same time leading in the growth of housing prices on an annualized basis: compared to September last year, new buildings have risen in price by 27%. In “Etazhi” they estimate the monthly rise in prices for new buildings in Nizhny Novgorod at 3.3%, in September they are exhibited at an average price of 71 thousand rubles. per sq. m.Decrease in the average cost of primary housing, analysts note in Kazan – by 0.78% (up to 85.6 thousand rubles per sq. m.) and Surgut – by 0.44% (up to 69.8 thousand rubles per sq. . m). CIAN also noticed negative dynamics in Yekaterinburg and Rostov-on-Don, where new buildings fell in price by an average of 1%, to 82.3 thousand rubles. and 59.1 thousand rubles. per sq. m respectively.

In Moscow, according to CIAN estimates, the average cost of new buildings in September was 210.8 thousand rubles. per sq. m. Over the month, prices on the primary market increased by 2%, and over the year – by 11%. Primary real estate is becoming more expensive due to high buying activity. According to the results of August, 7,100 share participation agreements were concluded in Moscow. This is 37% higher than the value and 42% higher than the value for the same period last year. The annual increase in the number of transactions (month to month last year) in the city was noted for the first time since the beginning of 2020, the consultants of “Metrium” stated, writes “Kommersant”.

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