The real estate market in Russia (as in other developed countries) is changing quickly enough. Especially the changes become unpredictable in times of crisis. In such situations, market analysis is a complicated task: prices and demand can change both up and down.
From 2010 to 2013, the Russian real estate market was in steady and smooth growth. Both the demand for housing and the cost of living area grew.
Housing is not the only" good " that is in high demand. The commercial real estate market is also widely developed in Russia. This can include offices, shops, as well as warehouses and buildings — such objects are bought, sold and rented most often.
In the first half of 2017, the demand for office real estate in major cities begins to recover. For example, in Moscow for the first quarter, the volume of new purchase and lease transactions was 45% more than in the same period in 2016, and 66% more than in 2015. It turns out that the demand for the capital's offices increased by half.
The warehouse real estate market is the busiest in the capital. At the beginning of 2017, there was a significant drop in the number of transactions compared to 2016. The average rental rate isn't rise: in early 2014 in Moscow it was an average of 4900 rubles per square meter per year. After the beginning of the crisis, when the warehouse real estate market began to "fall", it began to decline smoothly, and in the second half of 2015" broke " the mark of 4100. Now the average annual rental price fluctuates at the level of 4000 rubles per square meter.
