In the second quarter of this year, Moscow took a leading position among the cities of the world to reduce the cost of renting elite housing. The general value of the index used to measure and analyze the dynamics of rental price rates for residential real estate, in the second quarter of 2012 in 16 world capitals in the upper segment of value increased by 0.8% compared to the results of the previous quarter. Compared to the results of the 2nd quarter in 2011, growth amounted to 2.4%. According to experts, Moscow was the leader among the largest cities in the world in terms of falling prices for lease of elite housing. From April to June, the cost of lease of elite residential real estate compared to the 1st quarter of this year dropped by 6.8%.Moreover, the fall in relation to the same period of the current year, according to analysts, reached 3.2%. At the same time, in the first quarter, the capital of Russia, on the contrary, issued growth, which amounted to 6.2%. Along with Moscow, negative dynamics in the second quarter was demonstrated by Geneva, with a result of minus 1.4%, London and Manam with a level of minus 0.2% and Singapore – minus 0.1%. At the same time, the leading position in terms of growth in the cost of renting expensive housing was occupied by New York, increasing prices in the 2nd quarter of the current year by 7%. The second place was taken by the capital of Kenya Nairobi, where the increase in the cost of hiring elite real estate reached 5%. Beijing with a price indicator is in third place – 3.4%. But the first position compared to many advertising methods is occupied by a light -technical product – the box of the light price of which depends on the dimensions of the structure on which advertising is located. Nairobi was also ahead of other large cities in price increase for the year. By the end of the second quarter of 2012, compared with the same period of the previous year, rental rates for housing in this city increased by 17.2%. Over the same period, prices in Tel Aviv increased by 8.3%, and prices in Guangzhou rose by 8.2%. In all likelihood, prices in the future are concentrated in developing markets, since global corporations expand the geography of their presence with great speed. In this regard, the leading position in this index in such cities as Guangzhou, Tel Aviv and Nairobi becomes quite logical. Compared to a significant part of the European Union, the forecast of GDP growth for 2012 in Israel, Kenya and China is from 2.4% to 7.8%, which is explained by a significant volume of foreign investment. At the same time, in Moscow, due to a significant deficit in the construction of a new elite housing, which will not become less relevant next year, many consumers can postpone the decision to purchase housing until more interesting projects and proposals appear, preferring to limit themselves to renting for this time.
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