However, at the same time, many developers offer to "join" in the financing of new projects. Due to this, the volume of supply on the market of new buildings in the capital increased over the month by 6.2% in terms of the number of apartments being sold and by 5.6% in terms of the total area of the lots presented.
Analysts predict a sharp oversupply in relation to demand. Developers hope to revive sales through government programs, including increased child benefits. On the mass market there were 85 residential complexes and a total of 14 195 apartments with an area of 830.6 thousand square meters. The average cost of housing increased by 0.9% and reached 187,560 rubles per square meter. At the same time, last month the price growth was 2.1%. According to analysts, the further situation in the real estate market will directly depend on the spread of coronavirus infection and its impact on the Russian economy. For example, in May, most likely, one should expect a significant decrease in the number of transactions.
Source: Restate.ru