Cities of Russia with the highest growth in housing prices named

SRG: the cost per square meter of housing in Moscow in October 2021 increased by 4 percent increased in all 50 largest cities of Russia. The most noticeable square meters rose in price in Krasnodar, Sevastopol and Kursk, RBC reports, citing data from the consulting company SRG.

According to analysts, in October, the “square” in Krasnodar added 15.6 percent in price. In Sevastopol, the growth was 11.1 percent, in Kursk – 5.7 percent. Sochi (plus 5.4 percent) and Yekaterinburg (5.3 percent) were also included in the top 5 cities with the highest growth in housing prices.

In Moscow, the cost per square meter increased by 4.1 percent over the month , in St. Petersburg – by 2 percent, experts calculated. Kirov was named the city with the minimum growth in real estate prices, where the “square” added only 0.9 percent.

It became known earlier that the average period for the sale of apartments in the secondary housing market is decreasing. In large Russian cities, by the end of autumn 2021, it was 100 days. The shortest exposure period of secondary apartments in Krasnoyarsk (70 days on average), Tyumen (71 days), Yekaterinburg (72 days), Krasnodar (74 days), Novosibirsk (78 days), Leningrad and Moscow regions, Omsk and Chelyabinsk (85 days each) ).