Where real estate prices dropped in the first half?

Nedvizhimost31-07-2009 Where real estate prices dropped in the first half? The second half of a difficult 2009 was completed. And analysts now calculate the loss on the economic front. The real estate market is particularly interesting for research, because the crisis has hit the construction sector. The first six months of the year witnessed a decline in housing prices, experts state. True, the rate of decline in cost per square meter slows down. How Bigness.ru reported in the analytical service of the company Mian, positive macroeconomic factors that have been observed in Russia (the growth of the stock market, the revival of the mortgage, lower prices, the stabilization of incomes of the population) in the property market is still poorly recognized. In contrast to Moscow, the regions are still valid expectation of further decline in housing prices, but gradually they go to "no" and most cities are already experiencing revitalization pent-up demand, analysts said. First of all, culminating in half in the regional real estate market was characterized by lower cost apartment. m in both the primary and secondary segments. The average cost of square meters. m compared with the beginning of the year decreased by 15%. However, in different cities of price cuts ranged from 5% to 30% depending on segment.