Russians promised lower apartment prices in November

In November 2025, second-hand apartments in Russia may fall in price by 1-2% compared to October. This is the forecast in an interview with "Gazeta.Ru" was given by Dmitry Trepolsky, a finance expert and business analyst at Pronline.

He noted that the housing market continues to stagnate due to the Bank of Russia's high key interest rate of 17%, which makes mortgages unaffordable for most citizens. The biggest price reduction is expected in the secondary market, where there are practically no preferential programs.

According to the expert, one—room apartments will remain the most stable - they will fall in price by no more than 1%. Prices for two–room apartments may decrease by 1.5-2%, and for three-room and larger apartments — up to 4%. At the same time, official prices in the primary market, according to him, will remain stable, but developers will actively use hidden discounts and marketing campaigns, such as mortgage subsidies or gift decorations.

Trepolsky also predicted a growing gap between prices for primary and secondary housing, which already exceeds 50-60% of the national average. By November, it may increase by another 2-3 percentage points.

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Earlier, on October 1, a bill was submitted to the State Duma on the possibility of seizing empty apartments and transferring them to the state. The authors of the initiative noted that abandoned premises often become a source of communal problems and pose a threat to the safety of residents.

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