Throughout last year, a stable growth was observed in the metropolitan real estate market, which ultimately brought the number of transactions concluded to a record. Thus, according to purely quantitative indicators, one could say that the consequences of the pricing collapse of 2008 were completely overcome. The 2013th year demonstrated generally the preservation of a smooth and controlled increase in prices for all forms of real estate, but a number of signs allows us to talk about anxiety moods both among sellers and among buyers.
As before, the main threat to the market is external. Despite the sedative statements of European politicians, the probability of a new economic cataclysm began to grow again, which immediately affected the moods of investors, and acquirers of real estate, and bankers working with a mortgage. In February, the increase in real estate prices of Moscow amounted to 1.4%, however, experts, although they note the preservation of a total growth trend, believe that this time the growth is rather explained by manipulations with a foreign exchange rate than an increase in demand. This is clearly visible in the difference between the dynamics of prices in dollars and rubles.
In addition, it is noted that both demand and prices for apartments of the middle and expensive segment have practically not risen. At the same time, inexpensive real estate became the leader in price growth. At the same time, the picture is greatly confused by the fact that three -room apartments valued faster than two – and even one -room. As analysts believe, such conflicting trends indicate the approach of stagnation. The activities of the State Duma, which adopted a number of new standards for real estate purchase and sale of real estate, remains a negative factor in the market. In combination with growing economic problems in the eurozone, this forms a rather dangerous mixture, which may result in a collapse.