Real estate specialist Krichevsky: it is better to buy an apartment on the secondary market in the summer from mid-June to mid-August, real estate expert Alexei Krichevsky told the Prime agency.
According to the expert, during this period, business activity usually sharply decreases, as many Russians go on vacation and go to rest. As a result, demand for real estate decreases, and sellers are more willing to make concessions. A buyer in the summer can count on a five percent discount, said Krichevsky.
If we are talking about the market of new buildings, then, according to the expert, it is best to buy an apartment at the end of quarters, half a year and a year. As a rule, during the indicated time periods, the developers' sales plans are “burning”, and they improve the conditions for the clients. Krichevsky also named the peaks in home sales – March-April and September-October, as well as the pre-New Year period.
In 2021, the ideal time for home sales was in the summer, the specialist noted. “Now sellers have to make concessions regardless of business activity and time period – demand is actually decreasing every day,” he concluded.
Earlier, analyst Oleg Repchenko warned that Russia is at risk of facing the problem of excessive growth housing prices, if the authorities take the path of additional subsidizing of mortgages in depressed regions. The housing problem in the country should be solved not through endless subsidizing of the mortgage market, but through structural reforms, the expert emphasized.