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Economy-class real estate in Moscow goes up in price by 1.5% for a week

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According to information of Agent 002 real estate agency, from September 15 to 21, the price of 1 sq. m. increased by 1.5 % in the secondary real estate market of Moscow in the segment of economy class and totaled $5,750. The number of apartments for sale also increased as compared to the previous week by 5%.

The correction of price went on in the secondary real-estate market of Moscow in the segment of business-class. So, a square meter for sale cost $8,705 that is by 0.6% lower as compared to the previous week. In its turn, the volume of supply grew by 4.7%.

Last week was marked by decrease of price of a square meter of the premium secondary market in Moscow. The decrease totaled 1%, which is $15,857. The volume of supply, on the opposite, grew by 1.6%.

14:12 09/22/2008

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