The crisis has forced buyers of housing in Moscow picky approach to the selection of projects, to refocus on new construction in the high stage of readiness. If in the first four months of last year, 58% of sales came from projects at the stage of excavation and installation of the lower floors, now only 44%. But the complete failure of buyers of projects at the initial stage, should not wait: they will stop the difference in price between starting and ending construction projects.The only category of buildings, which showed sales growth for the first four months 2020, were the projects at the stage of mounting the upper floors: the number of transactions increased by 52% compared to the same period last year, to 4.5 thousand contracts equity (DDU). Such conclusions on the basis of the analysis of the data of Rosreestr in their study did “Azbuka Zhilya”. The growth of such housing occurred against reduction of 12% of the total number of transactions in the primary market of Moscow for the first four months compared to the same period last year: total for this period were made of 16.06 thousand POS.The largest drop was for projects that are under excavation: this segment sales decreased by 39%, to $ 4.7 million For new buildings at the stage of mounting the upper floors figure had increased over the year from 16% to 18%. Projects at the finishing stage formed 24% of transactions, versus 22% a year earlier. Already rented the house had 3% interest against 4% a year earlier. A similar trend noted by analysts of “Metrium”: according to their calculations, within the old borders of Moscow the share of housing transactions at the stage of excavation eroded from 38% to 22%, with projects under construction and finishes has increased from 40% to 51% and from 22% to 27%, respectively.Head of Department of consulting and Analytics “ABC of housing” Yaroslav Darusenkov connects the trend to the desire of consumers to choose less risky projects that are more likely to be completed. Sale in already commissioned homes, according to experts, is not appreciably grow due to the large price difference with unfinished housing: buyers are trying to find a middle ground. The gap, however, can be substantial: according to the “best new Building” in projects where construction has not yet begun, the apartments are an average of 165,1 thousand RUB for 1 sq. m, ready — 186 thousand rubles. per 1 sq. m. Managing partner of “Metrium” Maria Litinetskaya agrees that during the period of the construction cycle of the property in the building can go up by 20-25%. But experts are not yet ready to write off the changing behaviour of buyers just for crisis trends. She explains that the volume of new supply in Moscow decreased significantly due to the transition of the market for project Finance: in the first quarter of the market came only eight new projects is two times less than in the previous year.Shift vector�� consumer sentiment is noticed and the developers. General Director UK “Development” Igor residents of Kozelsk indicates that if before 60% of the transactions accounted for under construction flats, and 40% — in ready, now the situation is opposite. He ties the situation of crisis and the March consumer boom. “Against the backdrop of the fall of the ruble many bought ready apartments with the keys, perceiving them as the most reliable investment,” he recalls. Lord of the residents of Kozelsk expects that trend will continue in the future because of negative expectations concerning change of term of input of new buildings on the background of the economic crisis. Commercial Director A101 Anna Boim notes until the targeted displacement demand. Although, according to her, the objective reasons for this are available on the market due to the decrease in development activity.The Chairman of the Board of Directors “best new Building” Irina Dobrokhotova explains that the desire of buyers to purchase housing in a high stage of readiness was observed in previous crises. Maria Litinetskaya expects that trend will continue. In this case, Ms. Dobrokhotova calls holding the demand of housing projects in the early stages of construction factor, the desire of consumers to save money, especially when incomes are reduced.Alexandra Mertsalova
