Experts spoke about the reduction in the number of transactions in the housing market under construction in Moscow

In April, the number of transactions in the capital's housing market decreased by 17% year—on-year, and in the ready-made housing market by 13%. At the same time, the demand for mortgages showed an increase of 9%. This follows from the data of Metrium, which was reviewed by Izvestia on May 22. Experts analyzed the information from the Federal Register of Moscow.

The number of transactions in the housing market under construction amounted to 6.6 thousand equity participation agreements, which is 17% less than in the same period of 2024, when 7.9 thousand equity participation agreements were recorded. Compared to March 2025, the number of agreements decreased by 4% (from 6.9 thousand), indicating a slight slowdown in activity after the first quarter.

"The decrease in the number of DDoS observed in April reflects several important trends. Firstly, against the background of continuing high rates on standard mortgages, installments from the developer are becoming a key sales tool. In individual projects, especially in higher price segments, the share of installment transactions can reach from 20 to 60%," said David Khudoyan, CEO of Optima Development.

Secondly, according to him, the market of new buildings as a whole is transforming: the share of projects in the mass segment is gradually decreasing, giving way to business class and premium facilities.

"This change in the structure of supply inevitably affects the structure of demand, as more expensive lots imply a different target audience and, as a result, a potentially smaller absolute number of transactions compared to the mass segment," he added.

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In April 2025, 11.6 thousand loan transactions were registered in the mortgage market, which is 9% more than in the same month of 2024 (10.6 thousand agreements), and 11% more than in March 2025 (10.4 thousand).

"The increase in mortgage transactions in April is a positive signal for the market. This is largely due to the fact that banks are gradually abandoning the practice of charging additional fees from developers when issuing preferential loans, as well as increasing the limits on such programs for the credit institutions themselves. These steps have helped to stabilize the situation in the mortgage market after some uncertainty at the beginning of the year," said Larisa Shvetsova, CEO of River Park LLC.

In the ready-made housing market (commissioned new buildings and secondary housing), a decrease in buyer activity was noted in April 2025. 11.4 thousand purchase and sale agreements were registered, which is 13% less than in April 2024 (13.1 thousand transactions). Compared to March 2025 (12.4 thousand), demand decreased by 7.6%.

"The April figures for the Moscow housing market as a whole indicate continued adaptation to new economic realities. Historically, April is often one of the peak months of the first half of the year and reflects a seasonal upturn in demand. However, when compared with similar periods in previous years, the current activity of buyers remains at a more restrained level. The market still needs clear and long—term solutions to support demand, primarily in terms of mortgage lending," said Ruslan Syrtsov, Managing Director of Metrium.

Earlier, on May 16, it was reported that one in five Russians would like to put up a cottage for sale in order to buy an apartment in the capital. At the same time, one in three (33%) estimates their suburban real estate in the amount of 6 million to 10 million rubles, according to the results of a study by Level Group.