Maximum fall in prices is registered for new buildings in Ufa

UFA, 4 October 2016. /Bashinform News Agency, Olga Murtazina/. In Ufa, the maximum fall in prices for new buildings is recorded in the third quarter since the beginning of the year. An average price per 1 sq. m dropped by 11 percent in the primary market and amounted to 56.5 thousand rubles, according to the "Mir Kvartir" resource. An average price of apartments fell by almost four percent and amounted to 3.7 million rubles.

In January this year the primary housing price drop was recorded in the range of five percent. Experts believed then that developers did not have reserves for further decrease. Indeed, since the beginning of the year a slight increase was observed: in general, plus 1.8 percent per 1 sq. m plus 2.2 percent for an average apartment.

In the last quarter the price of new buildings in Moscow dropped by almost 11 percent with 227,600 rubles per 1 sq. m, and 18.9 million for an average apartment. Saint-Petersburg takes the second place with a price two times lower: 108.2 thousand rubles per 1 sq. m and 7 million rubles for an average apartment.

"Analysis of prices in the regions showed mixed tendencies in the real estate market. In some cities the cost of housing is gradually growing, in others falling, in the third varies. For example, real estate in Sochi, Kaliningrad, Arkhangelsk, Moscow show a solid increase. At the same time housing gets cheaper in Orenburg, Nizhny Tagil, Lipetsk, Novokuznetsk. The spread in the trends testifies to rather the impact of various local factors on cost. There is no question of a single trend in the market so far ", summed up the analysts.