Muscovites rushed to buy second homes — in March 2020, the real estate market recorded the maximum increase in the number of transactions. This is stated on the website of Rosreestr.
the Agency has registered 14.8 thousand deals — 31 percent more than in February (11.3 per thousands of transactions). In annual terms the growth amounted to 13 percent.
According to experts, such a rise may be caused by the desire of buyers profitable to buy a house in the background of currency fluctuations. However, experts warn that by the end of April, you may experience a sharp reduction in the number of transactions due to the regime self-isolation and deterioration of the economic situation.
In early March of this year, the realtors recorded a sharp demand for apartments in the capital: citizens tried to save ruble savings, investing them in real estate. However, two weeks later, demand had collapsed.
