The average price of a square meter of resale housing in Russia has risen 2.9 percent since April, reaching 257,000 rubles, according to data from the analytical center Dvizhenie.ru cited by the news agency TASS.
The company's statistics show resale housing prices rose in 15 of Russia's 17 largest cities. The biggest increase came in Perm, where prices climbed 3.5 percent to 130,700 rubles per square meter. Above-average growth was also recorded in Chelyabinsk, up 3.2 percent, St. Petersburg, up 3.1 percent, and Yekaterinburg, up 3 percent. Prices fell in only two major cities, Ufa and Rostov-on-Don, dropping 0.3 percent and 0.5 percent respectively.
New-build prices climb in Moscow
In new buildings, the price per square meter rose 2.4 percent in the second quarter, climbing from 345,000 to 354,000 rubles. That increase was recorded in 12 cities, with the sharpest rise in Moscow at 8.6 percent, reaching 656,200 rubles, followed by Rostov-on-Don at 3.4 percent and Nizhny Novgorod at 2.8 percent. Prices fell in Volgograd, down 0.4 percent, Tyumen, down 0.9 percent, Krasnodar, down 1.4 percent, Ufa, down 3.4 percent, and Chelyabinsk, down 5 percent.
Experts had earlier forecast that by autumn, a one-room apartment in a new building would cost an average of 6.7 million to 7.4 million rubles across Russia.
