Disclosed billions of dollars in earnings developers in Moscow

In the first quarter of 2020, developers in the Moscow region sold for housing 265,7 billion rubles, follows from materials of CYAN, arrived in edition “Tapes.ru”.

About the same (265,5 billion) was the revenues of the developers of Moscow and Moscow region a year ago, in the first quarter of 2019. The number of transactions decreased by 13 percent. Keep work managed by increasing the cost per square meter, analysts say.

According to the disclosed information, 61 percent of revenue (about 162 billion) in the first quarter of 2020 has been generated due to the new “old” Moscow. In New Moscow apartments sold for 32.6 billion, in the suburbs — to 70,8 billion.

Earlier it was reported that in the period from 20 March to 3 April 2020, seven of the ten largest developers in the Moscow region has increased prices across their projects, despite the transition to remote sales during the regime of isolation. The average budget of the proposals of apartments has increased over these two weeks more than percent.