Prices per square meter of Moscow real estate, more recently, growing by leaps and bounds, not only stopped the growth during the crisis, but also slowly went down.However, the present collapse of the front.This conclusion makes Sberbank analysts in the study "Real estate prices in Russia and in the world: the current dynamics and prospects" .Price per square meter of Moscow real estate, recently growing by leaps and bounds, not only stopped the growth during the crisis, but also slowly wentdown.However, the present collapse of the front.This conclusion makes Sberbank analysts in the study "Real estate prices in Russia and in the world: the current dynamics and prospects".
The authors point out that in our country lending market is lately a rapid pace of growth and as a result, the inflow of capital, which was the cause of rapid house price growth, especially in the capital and some other cities.Now, however, the outflow of capital and tighter credit conditions led to a significant fall in house prices
The study says that in its scope in 2009 drop in prices in the city of Moscow may be comparable to those observed in 1998 lower prices - 1999.At the same time in Russia the average price reduction will be much less than in the capital.To influence the price of real estate will be exactly the dynamics of income, rather than leaving the country of foreign capital.
Sberbank Experts predict that in the near future prices in Moscow in the primary market will be reduced by about 13.6% in ruble terms and by 21.4% in dollars, and in the secondary - by 3.2% in domestic currency and 11,8% in the US.The following year, a decrease in the primary market prices in rubles will be about 40% in dollars - 60%.In the secondary market price decline will not be as high: 25% in rubles and 50% in dollars.These forecasts were based on the assumption that inflation will exceed 10%.
Conclusions Sberbank analysts coincide with the data of the Institute of Globalization and Social Movements."The current situation - a pause before the big fall Who does not have time to sell a house in December -. January, he will be forced to sell it later for a song to cover current expenses," - noted in the institute, pointing out that to enhance customer in the market prices should fall55% - 65%.