The volume of supply in massive new buildings decreased by 29 over the year.%

The volume of supply in massive new buildings decreased by 29% over the year. This is the conclusion reached by analysts at Metrium in April.

According to their data, the average price per square meter was 418.8 thousand rubles (+1% per month, +20% per year). In total, 1,063 equity participation agreement (DDU) transactions were concluded (+8% for the month, -58% for the year).

"In April 2026, developers in "old" Moscow launched five residential complexes against four projects for the same period in 2025. However, all the launches now belong to the premium and high-budget segments. At the same time, developers do not open sales in massive new buildings. The marginality from their sale decreased against the background of an increase in the cost of construction and the cost of project financing," explained Yaroslav Gutnov, founder of SIS Development.

He stressed that as a result, the number of apartments in the excavation pit in the mass segment of the primary market of "old" Moscow reached a historic low of 1.6 thousand lots.

"Moreover, over the past month, the indicator has decreased by 42%, which is primarily due to the transition of many buildings to a higher stage of readiness," Gutnov said.

Yulia Ivanova, Director of the Analytics and Consulting Department at Metrium, said that by the end of April, demand for massive new buildings had adjusted upward by 8% compared to March.

"Nevertheless, the number of registered DDoS is still at a low level. The volume of supply in massive new buildings decreased by 29% over the year, while demand decreased by 58%. Consumer activity has still not recovered from the record hype ahead of the tightening of family mortgages from February 1," she explained.

In addition, Ivanova stressed, the sales dynamics are negatively affected by the increase in banks' requirements for potential borrowers and an increase in the weighted average price by 20% per year amid a reduction in supply.

"In April, the central Bank continued its policy of restrained monetary policy easing, but market mortgage rates still remain prohibitive — an average of 19%. But in the near future, another temporary surge in demand is possible, as the government recently announced a tightening of family lending parameters," the expert concluded.

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Buyers and investors should carefully assess the risks and the actual terms of transactions.

On April 28, experts from the Domclick analytical center studied how the structure of demand for new buildings in mortgage transactions has changed over the past few years. At the moment, a steady trend has formed: the share of business-class apartments in rents is gradually increasing, while the economy segment is losing ground.