The price per square meter of new business class buildings in Moscow rose in the first quarter

According to the results of the first quarter of 2025, the weighted average price of 1 sq.m. m in Moscow's primary business class market has reached 473,300 rubles, and it has grown by 4.5% over the year. This follows from the data of the real estate and consulting company Metrium, which was reviewed by Izvestia on April 11.

In the market of new business-class buildings, 22.3 thousand lots were exhibited in 142 projects, where 18.4 thousand were apartments and 3.8 thousand apartments.

"In the first quarter of 2025, 5,925 DDU (equity participation agreements) were registered in new business class buildings. — Ed.) — 15.1% less than in the fourth quarter of 2024. The decrease is explained by seasonality: traditionally high demand at the end of the year and a decline after the January holidays," said Ruslan Syrtsov, Managing Director of Metrium.

According to him, after the cancellation of preferential mortgages in the second quarter of 2024, the share of mortgage transactions decreased by 34 percentage points (pp), reaching 34% in the first quarter of 2025. This is the minimum since 2017.

"However, due to installments and a slowdown in price growth, demand increased by 16.7% year-on-year. At the same time, the supply increased by 8.5% over the year (22.3 thousand lots, -4% over the quarter). Thus, market players are demonstrating adaptation to the current conditions through a reorientation to alternative financing schemes," the expert added.

Monetary offset: realtors want to introduce a self-lock on cash on the secondary market

It is assumed that the measure will reduce the number of frauds when concluding sales transactions.

The average market mortgage rate increased by 2.3 percentage points in the quarter, to 28.9%.

"But still this indicator remains a barrier. At the same time, the average cost of lots in new business class buildings is 27 million rubles. That is, the same family mortgage can often be issued only under a combo program with a huge overpayment of interest. As a result, the popularity of housing loans is declining, and in some projects, transactions with them have completely disappeared," said Larisa Shvetsova, General Director of River Park LLC.

She added that buyers have actively shifted to installments. Interest-free schemes are particularly popular.

Earlier, on April 3, it was reported that 13% of Russians surveyed dream of buying real estate, whether it is housing at sea, in the capital or abroad. At the same time, 47% of respondents want to stop working and live on passive income. This is stated in the results of the <url> financial marketplace research.

Prior to that, on February 21, it was reported that 40.4% of Russians surveyed believed that commercial real estate was the most attractive investment option in 2025. Another 53.8% would choose residential real estate to invest in, according to the results of a study by analysts at the Luchi resort.