Experts presented a study on the difference between housing prices in advertisements and transactions

In October, the price difference in ads and at sale on the primary real estate market in Russia amounted to 11.3%, on Tuesday - 16.5%. This is evidenced by the results of the study "SberIndex" and "Domklika".

Thus, in October, according to the statistics of mortgage transactions "Sber", the average cost of 1 sq. m. in the primary market amounted to 169 thousand rubles. Moscow and St. Petersburg are leading here with a big gap (almost 348 thousand and 246 thousand respectively). At the same time, the average offer price (according to the ads on the site "Domklik") is equal to 188 thousand rubles.

At the same time, judging by the transactions on the market of ready apartments in Russia, 1 sq. m. here cost on average 110 thousand rubles. The highest cost was recorded in Moscow - 298 thousand for 1 sq. m. (almost three times higher than the national average) and St. Petersburg - and 199 thousand rubles (1.8 times higher than the national average). In advertisements throughout Russia, the average price per "square meter" exceeded 128 thousand rubles.

According to experts, prices for new buildings have increased due to the spread of subsidy programs by developers. "On the secondary market the problem of high interest rates has existed for a long time, so limiting the availability of government programs has contributed to the switching of part of the demand from primary to ready housing. So far, demand in this segment remains low, but even a small flow of demand from new buildings has supported secondary prices in many regions", - analysts noted.

As explained by the head of the center of financial analytics of Sberbank Mikhail Matovnikov, the results of the study showed that the cost of housing in the ads is markedly different from the prices at which the property is actually sold. "At the same time, offer prices are characterized by greater volatility compared to transaction prices. Analyzing the divergence of these indicators turns out to be a much more reliable metric predicting the future movement of market prices," Matovnikov said.

"So far, the first signs of future dynamics are not so much a fall in transaction prices as a narrowing of the gap between offer prices and real transactions, which usually precedes the beginning of downward dynamics," he concluded.