The price/m2 is constantly increase in Moscow since February 2018 until now. The reduction of state subsidies and creation of escrow account is pushing prices up in new constructions and therefore, in the overall market.
In the cities of more than a million inhabitants, prices increased by 6% compared to February 2018. 17% in New Moscow 16% in Novosibirsk 10% in Krasnoyarsk 8% in St Petersburg 7% in Moscow Forecasts are giving a possible further increase of 12% across Russia in the second part of the year, after the application […]
After several years of price decrease, the property market is now recovering and providing 6% to 9% rental yields on top of capital gains. Considering the tougher conditions for developpers in 2019 (escrow account, stop of governmental loans…), there are good perspectives for investors.