Housing Prices

Particularly relevant this statement was in response to the crisis in the global securities market, the consequences of which affected the Russian stock exchanges. Many investors who invest in stocks and bonds, drew attention to other ways of preserving and increasing their capital. For real estate, as one of the sites for investment, are increasingly interested. That, in turn, causes an increase in demand for housing. However, the situation can hardly be regarded as a reason that caused the rise in property prices. The recent growth in home prices is due, rather than difficulties of the Russian stock market and significant expansion of mortgage lending. What impact will the cost per square meter price increase of basic building materials? On the one hand, the rise in cement and other materials used in high-rise construction, which inevitably raises the bar for the cost of urban housing. On the other – the trend is forcing builders to access ", use less expensive timber frame housing technology.

Soon, the volume of housing supply will increase due to market for major projects quarterly construction. The city implemented several projects on integrated development of areas where it is planned to build millions of square meters of housing. Significantly raise the offer. Its role in curbing prices may play out in the St. Petersburg market of major developers in Moscow. Patrick might disagree with that approach. Their projects have already implemented such construction giants like "Glavmostroy and SU-155. Likely to follow their example, and other major capital holdings, who have to compete with local construction companies.

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