Photo: Natalia Seliverstova / RIA Novosti
July 2019 was atypical for the secondary housing market: instead of the typical summer period of calm, the sale of apartments grew by 35 percent. This is stated in the materials of the company “INKOM-real Estate” (available at the disposal of edition).
Realtors explain the dynamics of such a combination of several factors. First, according to the company, the demand was affected by the softening of mortgage conditions: the number of transactions involving housing loans rose in June to 26.1 percent. Secondly, interest in the purchase of real estate stimulated the growing tensions in the socio-economic and geopolitical spheres.
In particular, note in INKOM, concerns among buyers of property is a trade confrontation between the United States and China, which may cause a US recession that will negatively affect the global economy. In addition, Muscovites concerned about the slowing growth of the Russian GDP and a General feeling of impending crisis.
“August is almost fatal month in the modern history of our country: it was in August came the infamous coup collapsed MMM pyramid, the financial crisis of 1998 etc., — said the Director of a secondary market of “INCOM realty” Sergey Shloma. — Current month (…), may also be difficult. In the context of growing tension and insecurity citizens strive — whenever possible — rather to solve the housing problems”.
Earlier it was reported unusually high interest in the lease of apartments in Moscow in the summer of 2019. The jump in demand for rental housing was the cause of rising prices, the result is the average cost of renting in the capital “odnushki” for the first time in the entire history of observations exceeded 35 thousand rubles per month.
Video, photo All from Russia.