The economist named the reason for the decline in prices in the secondary real estate market

Secondary housing has fallen in price in a third of the country's regions. In the second quarter, the Central Bank recorded a decrease in the average price per square meter in 27 regions of the Russian Federation. On August 28, financial market expert and economist Andrey Barkhota told Izvestia about what this is related to.

"Dependence is well known in developed housing markets: the higher mortgage rates, the greater the pressure on housing prices. To a greater extent, the price correction was observed in regions with low attractiveness and consistently high population outflow. The second group of regions where price reductions were detected are relatively attractive regions with a sufficient volume of construction, but in many respects an overheated market with high prices," he said.

At the same time, according to the economist, the level of housing supply is sufficient to ensure that prices decrease quickly in the face of a decrease in the number of mortgage transactions.

They lived and sold: second-hand goods fell in price in a third of Russia's regions at once

What is the reason for this and will it lead to a crisis in apartment sales in new buildings?

Andrey Serdyuk, a real estate market expert and author of the Telegram channel Realtor Academy, named the main payback factors for real estate in Moscow in an interview with Izvestia on March 29. According to him, the top 3 properties with the highest profitability and quick payback include studios and one-bedroom apartments in new buildings (up to 35 square meters), apartments in hotel complexes and apartments for daily rent (near the metro, near the TTK).

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