The number of apartments in new buildings continues to decrease in Moscow

The volume of supply in the primary market of the mass segment of Moscow decreased by 2% in a month, and this figure has already reached 51% in a year. This is the conclusion reached by the analysts of the company "Metrium", who conducted market research in January.

In total, 9.4 thousand lots in 74 projects were on display in the mass-market of new buildings in January, where 8.3 thousand were apartments and 1 thousand apartments. During this period, not a single mass segment project was launched, however, five new buildings were launched in the projects already underway.

The weighted average price of apartments was 426,470 rubles per square meter (+2% per month, +24% per year), apartments — 332,080 rubles per square meter (+1% per month, +19% per year). In January 2026, 1.6 thousand new buildings were registered in the market of the mass segment. DDU (-47% per month, -26% per year).

"By the end of 2025, the mass segment remained the leader in the number of registered housing units in the Moscow new building market. Nevertheless, in the fourth quarter of 2025, business-class projects came out on top in terms of the number of housing transactions under construction. In January 2026, the demand for mass complexes continued to decline. Firstly, the volume of exposure in this segment has decreased to the lowest level in the history of the market, and the supply of studios and multi-room apartments has almost been exhausted. Secondly, against the background of an increase in the number of ads from owners in ready-made mass new buildings, the interest of customers in standard comfort-class projects is decreasing. There are no prerequisites for demand to return to peak levels in 2026," said Yaroslav Gutnov, founder of SIS Development.

Ruslan Syrtsov, Managing Director of Metrium, explained that in January 2026, the volume of transactions in new buildings in the mass segment decreased by almost half compared to December 2025.

"In addition to the traditional effect of the January holidays, a significant rise in the price of apartments and a reduction in the choice of liquid premises in the exhibition led to a sharp decline in sales. It is noteworthy that in the conditions of rising prices, the share of mortgages increased to 86% (+8 percentage points), although rates on market loans, in fact, stagnated (-0.3 percentage points). This is due both to the shortage of available funds among the target audience of the mass segment, and to the continued high demand for family mortgages in anticipation of tougher conditions. The program parameters have been revised since February 1, as a result of which a reduction in consumer activity on the part of buyers with children can be expected in the coming months," he added.

Bad concrete: developers are abandoning apartments with finishing out of economy

But the demand for such facilities is growing.

On February 5, Valery Tumin, Director of Russian and CIS Markets at fam Properties, assessed the prospects for price correction in the secondary housing market. According to him, cities where stagnation or negative dynamics were observed in 2025 are at risk. The expert notes that these territories are particularly sensitive to the availability of mortgages: as loans become cheaper, buyers will return, but sellers will have to actively reduce prices in order to compete with new buildings.

All important news is on the Izvestia channel in the MAX messenger.