A surge of demand for secondary property amid the withdrawal of most of the restrictive measures allowed the owners to raise the price. In July, an increase occurred in most major cities. But analysts warn that a marked increase in demand and prices will have short-term dynamics. The activity of buyers will naturally limit the pronounced fall in the incomes of Russians on the background of the crisis.The weighted average price of secondary housing in Russian cities in July accounted for 78.6 thousand RUB for 1 sq. m. Such data results in CYAN. This was 0.6% higher from a month earlier. During the year, the estate has risen on average by 4.4%. In the “Craigslist real Estate” the average price of secondary housing in Russia in the second quarter was estimated at 55.5 million RUB., According to the company’s calculations, compared to the same period last year increased by 4.9% in the first quarter and 1.7%. In the “World of flats” up to half of the average cost of selling in the secondary market of apartment in Russia was estimated at 3.49 million RUB Over the year the value rose 1.4%.According to CYANOGEN, the monthly increase in prices for secondary housing was shown in 13 of the 15 reporting cities. The most pronounced dynamics was in Omsk, where for a month the cost of housing rose 2.1% to 50.1 thousand rubles. per 1 sq. m In Krasnoyarsk and Perm correction was 1.6% to 66.5 thousand and 62.8 thousand RUB for 1 sq. m respectively. In the “Craigslist real Estate” according to the results of the second quarter noted a steady decline in prices in the markets of Volgograd and Chelyabinsk compared to the same period last year, the real estate here fell by 0.6% (to 45.6 thousand rubles) and 0.8% (up to 34 thousand rubles), respectively. In monthly dynamics, the drop was 1.3 percent, to 127 thousand rubles. per 1 sq. m. per annum — the rate has increased less significantly than in Moscow,— on 3,3%. In Nizhny Novgorod for a month the cost of housing has not changed.The trend in the secondary market has changed in just a month: in June, the price of secondary housing in Russia decreased. Head of the analytical center CYANOGEN Alexey Popov explains the situation a pent-up demand that has not been implemented restrictive measures: according to the company’s calculations, after the removal of most of the measures the number of ad views on the implementation of apartments increased by 17% compared to the same period last year, and their duration was below 18%. “Buying a property is often dictated by the circumstances of life: in a crisis, people marry, divorce, have children, move”,— says Mr. Popov.
He adds that potential clients who are two months could not solve the housing problem, is now actively working on this.Director of the company “Floors” Ildar Khusainov assesses a one-time surge in demand of 25-30%, provides��Rida that while the owners took polar positions. Some of them began to raise prices, the other chose to make discounts real buyers, experienced a drop in demand in the period of limitation. Mr. Popov is warning that although the owners now have the opportunity to raise prices, this trend will be short-term. “The decline of solvency of the population, rising unemployment and the still existing restrictive measures in each region do not contribute to the stable growth of housing prices,” he says. To reach pre-crisis indicators of the secondary market, according to experts, will be possible only in the first half of 2021. But Mr. Khusainov sure of the situation in the markets will develop in different ways. So, he predicts an increase in the cost of one-bedroom apartments for 8-10% on the back of increased demand and limited supply of such properties.Alexander Mursalovitch analytical service CYAN.