Avito Services: in July-September 2021, the demand for home renovation increased by 25 percent 
In July-September 2021 in Russia, the demand for housing repairs has increased – owners began to be interested in such services by 25 percent more than in the same period in 2020. These are the conclusions reached by the experts of the Avito Services service, RBC reports.
Compared to the April-June 2021 indicator, in the third quarter, interest in plumbing services increased most actively – the indicator increased by 43 percent, as well as renovation of the bathroom (37 percent). Less than 30 percent interest increased in finishing work (28 percent), kitchen renovation (25 percent) and balcony glazing (23 percent).
According to analysts, demand is most active among Russian cities for repairs during this period increased among residents of Rostov-on-Don (by 37 percent), below are Saratov (by 33 percent), Surgut (by 31 percent) and Krasnoyarsk (by 30 percent). Experts noted that along with demand, the average cost of repair and construction services also increased – by 11 percent. Such dynamics was explained by the increase in prices for building materials.
In August 2021, Russian Standard Bank conducted a study in which it determined that in 2021 Russians began to actively take out loans for housing repairs – the increased demand was explained by the mortgage boom for the background of declining rates. On average, owners began to borrow 270 thousand rubles for a new finish.