Real estate prices are falling, and new housing is being built

Nedvizhimost28-07-2009 House prices are falling, and new housing The cost of housing not being built in Russia continues to fall. no exception, even the capital (in June, real estate in Moscow became cheaper by 0,5-0,7% per week). However, lower prices - but the result of the crisis of falling demand for housing. In the coagulation mortgage it does not make the apartment more accessible to the public. In addition, Russia currently frozen about 80% of construction projects. But to many, than the crisis can please the Russians, is to reduce the cost of residential real estate. Moreover, the real estate in Moscow is no exception. Over the past month, the cost of housing in the capital fell to 0,5-0,7% per week, told the president of the Russian Union of Builders (RCC), Vladimir Yakovlev. "Currently, the average cost per square meter in Moscow is 122-128 thousand rubles., across the country - about 39-40 thousand in the primary market ", - said Yakovlev, whose words are quoted by the Itar-Tass. The cost of social housing, the purchase of which shall state the order of 30 thousand rubles. per square meters. However, in what the cost per square meter may be reduced by 20-40%, suggests Yakovlev. However, that would solve a lot of questions still, and the decline will be slow.