Supply on the market of new buildings has started to decrease in Russia

In Russia, the supply on the market of new buildings has started to decrease. This trend was confirmed to Izvestia by several representatives of the industry. Thus, according to the data of the service "Yandex Real Estate", at the end of October in comparison with September it decreased by 4% with the median cost per square meter in cities with a million inhabitants of 171 thousand rubles. The situation in this segment of the market is still estimated by analysts as stagnant.

At the peak or in the peak: where prices for new buildings will go

The gap between the primary and secondary is huge and is in no hurry to shrink yet

Negative dynamics of supply volume on the primary market from 1% to 4% in all cities with a population of more than 1 million people, except for St. Petersburg and Samara, recorded and experts of the system of monitoring and analysis of new buildings bnMAP.pro.

"We can accurately say that the trend began to form in September, and in October it became more noticeable. It is not yet necessary to speak about its long-term character. To determine this, it will be necessary to track the number of new launches and the volume of real demand on a monthly basis over a long period of time - for example, for the whole of 2024. In case of demand growth and slower arrival of new volumes of new buildings on the market, further reduction of exposition is possible", - explained the experts of the company.

Now in the active realization on "Cian" is 325 thousand ads from developers. This is 1.6% less than a month ago, but 2% more than at the end of September, said "Izvestia" head of "Cian Analytics" Alexei Popov.

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