Photo: Anatoly Zhdanov / Kommersant
In the market of country real estate the Moscow region continues to stagnate: it is estimated working with cottage settlements companies, reduced quantity and quality of new supply. This is stated in the materials “Inkom-real Estate” (available at the disposal of edition”.ru”).
According to statistics, the company in may 2019 the sale is 54.7 thousand rural objects, which is 12% lower than the same period last year. While 72 percent of deals attributable to the segment plots without a contract, 14 percent are apartments in low-rise buildings, the proportion of detached houses and townhouses accounting for only 7 percent.
“Stagnation is the current reality of the market-town. Not only the quantity but also the quality of new supply continues to fall (…). Coming out in the past year, projects with construction are estimated in units. The buyer is looking for suburban housing, in which it is possible to move quickly or where you can at least begin to make repairs, however, on such lots in the “fence” now is not more than five percent,” — says Director of suburban real estate “Inkom-real Estate” Anton Arkhipov.
The vast majority of developers trying to leave the market or to freeze its activity, the company States: nearly half the market players tend to go out of business, another 40 percent suspend the activity. As a result, the pace of withdrawal of new projects decline by 20 percent annually, similar dynamics, as predicted by “Incom”, will continue in the future.
At the end of April 2019, the analysts of “Avito Property,” reported the recovery in the Russian real estate market in the first quarter of the year. According to their statistics, the demand compared to the same period last year increased by 18 percent, the volume of supply is 14 percent. Particularly pronounced trend was in the Crimea and Krasnodar region.
Video, photo All from Russia.