Tuesday, October 25, 2011

Moscow Real Estate - ready to collapse

Nedvizhimost02-09-2008 There is every reason to believe that the coming fall will bring an unpleasant surprise for all supporters of the growth in property prices. Instead of the expected and even "promised" by some market participants a new round of prices for apartments in Moscow and Moscow region with the arrival of autumn business season, the housing market of the capital, on the contrary, ready to launch a new stagnation, and more painful than they were the previous two. And the results of August, only reinforces this view. Remarkably, all autumn price rise of Moscow housing that occurred in previous years, began to gain momentum and has already become apparent during the last month of summer. So in August 2005 prices for Moscow apartments markedly exceeded the previous months, was followed price hike of autumn 2005, will continue in 2006. Similar processes occurred in August 2003, before its growth in property prices fall 2003 - spring 2004. Even the first activation of the market after stagnating in 2007 and there has been a time in August.

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