The real estate market in Russia (as in other developed countries) is changing quite quickly. Changes become especially unpredictable during periods of crisis. In such situations, market analysis is a difficult task: prices and demand can swing both up and down.
Below IQReview provides a brief overview of the current state of the real estate market in the Russian Federation. These data are relevant primarily to those who plan to buy or sell property in the next six months or a year.
History of creation and development real estate market in Russia
The real estate market in Russia is relatively “young”: it appeared only in 1990. In the middle of this year, the law "On Property in the USSR" was expanded to include the concept of "private property". In fact, the market began to develop en masse only since 1992 - when it began to be practiced.
As in any other country, the real estate market in Russia had and still has its own characteristics. They were originally like this:
Demand exceeded supply several times, and in large cities - dozens of times.
Services were not as common as they are now, and were generally unprofessional.
Housing prices were very low (for example, in 1995-1997, the average "odnushka" in Moscow could be purchased for $ 25-30 thousand).
Price Formation Process
The secondary market of Moscow (and other cities of the Russian Federation) was conditionally formed in several stages:
From 1990 to mid-1991. The stage of "birth" of the real estate market in the Russian Federation, which is characterized by low and stable prices. Buying and selling in that period was not of a massive nature - transactions were made relatively rarely (the population was not yet accustomed to innovations, and in addition, serious changes were taking place in the country). Mostly migrants sold housing, transactions were often made at the cost of construction.
From the second half of 1991 to the beginning of 1993. The secondary market begins to grow rapidly, especially in large cities. In less than 2 years, along with the number of transactions, both the demand and the cost of housing are growing. In some periods, the increase in prices was 10-15% in foreign currency. Demand was growing largely due to the rapid development of market relations and the creation of a new class of population - the "new Russians". In large cities, wealthy merchants and bandits actively bought up real estate, stimulating both demand and prices for it. The first large real estate offices began to appear.
From the second half of 1993 to the end of 1995. The rapid growth, which was outlined in the previous two years, began to slow down, the situation on the market became more stable. Prices also began to stabilize: if earlier they were often assigned chaotically, and were far from adequate (both up and down), then by these years, such factors as the type of house, location, layout of the apartment began to influence the cost of living space more , surrounding infrastructure and so on. It was at the end of 1995 that the Russian capital became one of the most expensive cities in the world in terms of housing prices.
From the beginning of 1996 to the middle of 1998. The scale and prices gradually stabilized, taking on a more systematic and thoughtful character.
From the second half of 1998 to the middle of 1999. Due to the crisis in 1998, the sale of apartments slowed down significantly. Housing prices in dollars also went down.
Here are the approximate prices for Moscow "squares" (roughly averaged figures, apartments - in residential areas):
the end of 1993 - $400-600 for 1 "square";
1994 - $ 600-900 per "square";
1995-1996 - up to $ 1200 per "square";
1997 - $600-1000 per "square";
the second half of 1998 - $ 700-900 per "square";
the second half of 1999 - $ 450-600 per "square".
For more affluent buyers buying homes in prime areas, prices were higher by about 50%.
The most expensive and prestigious segment of the market began to form approximately at the end of 1994. First of all, elite apartments began to be allocated in Moscow and several other large cities. At the end of 1994, the average cost of 1 square meter of such housing in Moscow was about $2,500, and at the peak of prices (in 1996) it reached $4,000.
Current state
From 2010 to 2013, the Russian real estate market experienced stable and smooth growth. Both the demand for housing and the cost of housing grew.
Russian real estate market
With the onset of the crisis, growth slowed down and a rollback began. There are several reasons for this:
Large investors have lost the opportunity to receive "cheap" loans - because of which the pace of construction has slowed down (and some of the projects that have been started have been frozen).
The real income of the population “dipped”, which is why citizens began to buy less housing (both with a mortgage and without it).
Mortgage requirements have become tougher, which makes it difficult to take it even for those who have enough money to pay off the loan.
The cost of building new housing has increased (due to the growth of the dollar, which increased the price of construction equipment).
These factors have led toreal estate market (forecastwhich was consistently positive in 2010-2013) began to “fall”:
the level of sales of apartments in new buildings decreased;
the number of mortgages taken has decreased;
the total number of purchase transactions decreased;
decreased cost per square meter(primarily forsecondary housing);
the pace of construction has slowed down (new housing is still being built, but not on the same scale as before the crisis).
Often in new buildings, housing is bought up reluctantly. In some residential complexes commissioned 1-2 years ago, a significant part of the apartments is still empty. This trend is observed throughout the country - both in the regions and in Moscow.
If we evaluate the forecast for 2017 year, it is hardly worth expecting a further decline in prices for new buildings. The cost of a "square" in houses under construction has already decreased, so this market is more likely to simply "suspend" until the situation improves. Even the reverse process is possible - due to an increase in the cost of construction, prices may rise insignificantly.
Such a situation onreal estate market in 2017may lead to a shortage of new buildings in the foreseeable future. If the crisis has already peaked, and the state's economy continues to recover, then the demand for housing will begin to grow again. Due to the fact that now a significant part of the objects turned out to be frozen, there may not be enough offers on the market. This situation is unlikely, but still possible (and mainly for large cities).
Reducing prices in the secondary real estate market In the secondary marketreal estate in 2017(and in the next 1-2 years), prices are expected to continue to decline. This may partially stimulate demand.
What is the situation in the segment of commercial properties?
Housing is not the only commodity that is in high demand. The commercial real estate market is also widely developed in Russia. This includes offices, shops, as well as warehouses and buildings - these are the objects that are bought, sold and rented most often.
In the first half of 2017, demand for office real estate begins to recover in large cities. For example: in Moscow in the first quarter, the volume of new purchase and lease transactions turned out to be 45% more than in the same period in 2016, and 66% more than in 2015. It turns out that the demand for metropolitan offices has risen by one and a half times .
The warehouse real estate market is the busiest in the capital. At the beginning of 2017, there was a significant drop in the number of transactions compared to 2016. The average rental rate is in no hurry to rise: at the beginning of 2014 in Moscow, it was an average of 4,900 rubles per "square" per year. After the crisis began, when the warehouse real estate market began to "fall", it began to gradually decline, and in the second half of 2015 it "pierced" the mark of 4,100. Now the average annual rental price fluctuates at the level of 4,000 rubles per "square".
Forecast on the real estate market (video)
Let's present a study of the parameters of the Russian residential real estate market in dynamics and identify a number of patterns. To analyze changes in prices and volumes in the residential real estate market of the Russian Federation, we use data from the Federal State Statistics Service of the Russian Federation on average annual cost 1 square meter of residential real estate in 2000-2012, while dividing the market into two main segments: primary and secondary. The analyzed period of time will also be divided into two intervals: 2000-2008 and 2009-2012.
Data analysis (Figure 2) reveals the following trends:
Picture 2 - Average price of 1 sq.m. m of the total area of apartments in the primary and secondary housing market in the Russian Federation
From 2000 to 2009, the average price per 1 sq. meter of housing continued to grow until it reached its peak of (approximately) 58,000 rubles. Further, some decline in prices is noticeable and again growth. In 2009-2011, increased volatility is observed in the housing market - short-term declines in prices alternate with their rises, which indicates that the market has entered a state of turbulence. In 2012, the upward trend in prices resumes.
Now let's analyze the dynamics of sales in the residential real estate market. Statistical bodies do not provide generalized information on sales volumes in the primary and secondary markets. However, the scale of the primary real estate market is evidenced by the rate of commissioning of residential buildings (Figure 3).
Figure 3 - Cost, price and production volumes of primary housing in the Russian Federation
Figure 3 shows that in this segment there was an intensive growth in the volume of the total area offered for sale. From 2000 to 2008, this figure increased by more than 2.1 times. At the same time, the prices of primary real estate increased by almost 6.1 times. Outstripping price growth in relation to volume growth:
- - indicates a predominant growth in demand for housing compared to the supply of housing;
- - typical for the seller's market and for the situation of commodity shortage in the primary residential real estate market;
- - is an indicator of market overheating.
Most experts believe that hard times are coming for Russian real estate. Everyone remembers the previous crisis in the real estate market, which occurred in 2008. Then prices fell by 30-40%, and the fall continued for about two years, until 2011, and having fallen in price, housing did not become more affordable: along with the devaluation national currency savings and salaries are depreciating, and banks are raising mortgage rates and are reluctant to issue loans, the pace of construction is slowing down. Most experts do not believe that the past crisis can be compared with what is happening in the real estate market now, but no one is particularly optimistic about the near future either. The first quarter of 2015 will not be indicative, usually the market “swings” by spring (although the winter and early spring of 2014 were marked by a rapid increase in housing demand). This scenario may well repeat itself in 2015. Deferred demand for housing in the mass segment has not yet been exhausted. However, a lot also depends on the launch of several large-scale projects in Moscow, including in the first quarter. If the start of sales takes place as planned, this will affect the average level of prices for new buildings - they will decrease. If new projects do not come out in the first quarter, one should count on an increase in the average price of 1 sq. m. meters due to leaching from the implementation of more affordable housing at a low stage of readiness. Prices will rise over the next year. This is due to an increase in investment demand and an increase in the cost of projects due to a significant appreciation of the dollar against the ruble. Moreover, there is nowhere for prices to fall, and developers who begin to give impressive discounts will simply trade at a loss. Taking into account the correlation, price growth during the year can reach 15-20%. However, this will only apply to highly liquid projects with optimal prices, a well-thought-out concept and a good location. In crisis situations, the poorest part of the population will suffer the most. As for suburban real estate, it reacts to changes in the economy more slowly, but changes are already being felt in this market: the interest of buyers in this moment is aimed at townhouses and houses in close proximity to the main roads of the country, apartments within the city, and not at cottages at a great distance from large cities: they will be more difficult to sell and, moreover, more difficult to rent.
The dynamics of the residential real estate market reflects cyclical processes in the economy, and prices in the housing market change depending on the stage business cycle and people's expectations of future income and employment. In this regard, some economists find the cyclical nature of the residential real estate market itself. In the theory of building cycles by S. Kuznets, it is the ups and downs of activity in the housing market that act as points of economic growth. It is no coincidence that the artificial "warming up" of the economies of developed countries, which ultimately led to a crisis, was associated primarily with the activation of mortgage programs with the active support of the state. The recession in the economy is accompanied by an increase in unemployment, a decrease in real incomes of the population and negative expectations regarding future employment and future incomes. According to Rodionova N.V., “this issue is of particular importance in the case of a massive expansion of housing lending, since when economic activity Unemployment is on the rise, and people's incomes are losing stability, which complicates the fulfillment of the obligations assumed by citizens under loan agreements. At the same time, during the economic downturn, pressure on the residential real estate market is increasing. This causes its price to drop.”
According to the study by G.V. Lukyanchikov, the average duration of the cycle in the US real estate market is 6-8 years. His other study, conducted in 18 OECD countries for 1970-2005, revealed cycles lasting 10 years, which is quite consistent with the classical industrial cycles of K. Zhuglyar - K. Marx, while the maximum price change was in the Netherlands: + 98.4% in upswing and -50.4% - downswing. In the Russian real estate market, cyclicality is manifested mainly in a significant change in the number of transactions, while price fluctuations are much smaller. Usually there is an acceleration or deceleration in the rate of price growth, while the absolute decline in prices in ruble terms in the Russian real estate market is observed only in short periods and, as a rule, insignificant. Note also that the real estate market has a seasonal component that can mimic a short-term cycle. In 2009-2010, the Government of the Russian Federation actively pursued a policy to combat the consequences of the global financial crisis, one of the priority measures being implemented of which were: promotion of employment, housing construction and assistance to citizens in the housing market. At the beginning of 2010, there was a decrease in the number of unemployed with a simultaneous increase in the availability of residential real estate, which testified to the effectiveness of the policy being pursued.
The following factors influence the state of the housing market and its dynamics:
- 1) the number of marriages and divorce proceedings - this indicator indicates an increase or decrease in the number of households, respectively, affects the change in the demand for individual housing units (apartments, individual residential buildings) in the residential real estate market;
- 2) birth rate - entails an increase in the number of household members, which affects the increase in demand for additional residential space. As a rule, this is achieved either by increasing the volume of demand for multi-room apartments with a simultaneous increase in the supply of one-room apartments; or through the reconstruction of already existing individual residential buildings by building additional units of living space in the form of extensions to the main building.
- 3) mortality - this indicator may indicate a reduction in the number of members of existing households, which may be accompanied by an increase in the supply of multi-room apartments with a simultaneous increase in demand for apartments with fewer rooms; as well as a reduction in the number of households themselves, which is accompanied by an increase in the supply of individual housing units on the market.
- 4) migration processes - the able-bodied population arriving from other countries, as a rule, needs housing. Since the need for housing arises immediately upon arrival, the residential rental market becomes important, which allows you to delay the acquisition of residential real estate without serious losses. At the same time, the rental of housing becomes an independent business, and the apartments used for this are withdrawn from the housing market. There is a special layer of investors who acquire residential real estate in order to receive income from its use.
The state and dynamics of the main indicators of the housing market (prices and sales volumes) is determined by the specifics of the response of its various segments to changes in the macroeconomic situation in the country, the level of income and savings of people, as well as their expectations and moods. Demographic processes and the characteristics of the state's housing policy have a significant impact on the residential real estate market. The housing market demonstrates pro-cyclical development, therefore its parameters correlate with changes in the money supply and production volumes in the country, as well as with an increase or decrease in the investment attractiveness of the country. The current state and trends of the residential real estate market in Russia are determined by the legacy housing stock, as well as the technological and institutional conditions for entrepreneurship in this area. The processes taking place in the residential real estate market reflect the functioning of the markets interconnected with it: the markets for factors of production (labor, capital), the financial market, as well as the markets for goods and services that act as substitutes or complements of this good. Therefore, in the next paragraph, we will consider these relationships in relation to the Russian residential real estate market.
Commercial real estate in Russia returns its investment attractiveness, according to PwC analysts. Most market participants share their optimism and expect rental rates and prices to rise in the next few years.
Photo: Evgeny Pavlenko / Kommersant
The Russian commercial real estate market has stopped falling and will fully recover in the next three to four years, according to the report “New trends in the European real estate market, 2018”, prepared by PwC analysts (available to RBC; about 600 key players in the European market took part in the study commercial real estate and 50 Russian ones).
The Russian market has already bottomed out, said Sayan Tsyrenov, Director of PwC Real Estate Transactions. “Moscow has been at the bottom of the rankings for a long time, but the revival of the rental market, lower interest rates and increased investor activity suggest that Moscow will rise to a significantly higher position in the next two to three years,” the PwC report says.
Moscow now ranks 30th among European cities in terms of the attractiveness of real estate investment (in all segments), this is the worst indicator since 2005. But according to PwC's forecast, which the company's analysts called "moderate optimism", the attractiveness of the warehouse real estate segment will recover within one or two years, and it will take a little more, three or four years, to restore the office and retail real estate segment. The only category that will stagnate in the coming years is residential real estate.
Optimism about the prospects for the Russian real estate market was also shown by a survey of respondents. The majority (20%) are planning to purchase finished properties in Russia, 16% are counting on attracting new Russian or foreign investment. 11% of respondents announced their intention to optimize their costs, refinance loans and launch new development projects.
According to the survey, the most attractive types of real estate for investors in Russia this year were office and retail. But if interest in offices slightly increased over the year (from 30 to 32%), then in retail real estate, on the contrary, it decreased (from 21 to 16%). Interest in residential real estate has halved, from 30% to 14%, while the share of investors interested in buying warehouses has almost tripled, from 5% to 14%.
Brexit changes leaders
The likely exit of the UK from the EU has a serious impact on the investment climate in Europe, the study indicates. In this regard, experts surveyed by PwC expect both a reduction in investment and a fall in property prices in the UK in 2018 (London has been at the bottom of the list for the second year in the rating of the attractiveness of European cities for real estate investment and now occupies 27th place ). "The UK real estate market is in a waiting phase, with many investments slowing down due to uncertainty," PwC said in a report. At the same time, growth in rental rates and capital inflows are expected in Luxembourg, Paris and Amsterdam - cities considered alternatives to London after Brexit.
More foreigners
In the medium term, more foreign investors will appear on the Russian real estate market, despite the sanctions, experts interviewed by PwC are sure. “With further improvement in the geopolitical situation, the market will be more attractive to Western investors due to high profitability,” the study says.
Office and shopping centers have historically been the most popular objects among investors in Russian commercial real estate, says Olesya Dzyuba, head of research at JLL. Most of all investments in the first nine months of 2017 (36%, or $975 million) fell on retail real estate, a little less - on the share of offices (31%, or $817 million), she says. “Despite the fact that housing has really been in high demand over the past couple of years, this segment will never be able to bypass office or retail real estate in terms of investment volume,” Dzyuba is sure.
In the coming years, it is hardly worth waiting for the restoration of rental rates and prices for commercial real estate to pre-crisis levels, argues Andrey Lukashev, managing partner of ILM. “Rental rates for warehouses and offices have finally gone into the ruble zone, moreover, most shopping centers charge tenants not a fixed rental rate, but a percentage of turnover,” he notes. “In addition, despite the higher return on investment in commercial real estate in Russia, European markets are more stable and offer, albeit lower, returns denominated in euros and not in rubles.”
Foreign investors have noticeably stepped up their activity in the Russian commercial real estate market, Sayan Tsyrenov insists. As an example, he cites the purchase of the Legion II business center by the American UFG fund, the Voentorg multifunctional complex by the Chinese Fosun and the British investment fund Raven Russia - two business centers and a warehouse in St. Petersburg. In general, the volume of transactions in the commercial real estate market in Russia in 2017, according to the CBRE forecast, will amount to $4.6 billion, which is approximately the same as in 2016. At the same time, next year the volume of transactions may increase to $5.2 billion.
This material provides information on the price situation in the housing market of Russian regions and some features of its development in individual cities.
This material provides information on the price situation in the housing market of Russian regions and some features of its development in individual cities.
Prices on the secondary housing market in Russian regions in March, according to federal portal"WORLD OF APARTMENTS" continued to grow, and in all categories of apartments. average cost square meter has increased in almost 70% of large Russian cities, but the price level is still 15-18% lower than pre-crisis levels. However, there is no need to talk about the formed trend yet. For example, in Kursk, Belgorod, Saratov, the February growth in the cost of a square meter was replaced by a slight decrease in March.
Nevertheless, the number of large cities where housing becomes more expensive has been gradually increasing for more than a month. In March, only in 14% of cities per square meter became cheaper. In addition, in almost a quarter of cities, the cost of all categories of housing has increased: 1-, 2-, 3- and multi-room apartments located as in ordinary panel houses as well as in higher class buildings. This was most noticeable in the markets of St. Petersburg, Novosibirsk, Nizhny Novgorod and Krasnoyarsk. In general, the secondary housing market demonstrates relative price stability, but with an upward trend in the cost of urban apartments. The highest price of 1 sq. m in March was recorded (excluding Moscow and St. Petersburg) in Yekaterinburg - 56.2 thousand rubles, followed by Khabarovsk - 55.4 thousand rubles, Novosibirsk - 51.3 thousand rubles, Rostov-on- Don - 51.0 thousand rubles. The lowest cost of 1 sq. m in all major cities analyzed by the World of Apartments portal, in Kursk, Ivanov, Saratov - 30.0-31.9 thousand rubles. At the same time, if we focus on the pre-crisis prices of the housing market, then the cost of apartments in Kazan is approaching them (43 thousand rubles / sq. m in March 2011 and 42.7 thousand rubles / sq. m in January 2009). ), in the lagging Nizhny Novgorod (42.7 and 59.1 thousand rubles / sq. m, respectively).
Prices for secondary housing in Russian cities in March 2011 and their change over the month |
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City | Price, thousand rubles/sq. m | Monthly change, % |
Novosibirsk | ||
Krasnoyarsk | ||
Rostov-on-Don | ||
Smolensk | ||
Nizhny Novgorod | ||
Yekaterinburg | ||
Ulyanovsk | ||
Novokuznetsk | ||
Krasnodar | ||
Tolyatti | ||
Vladimir | ||
Belgorod | ||
Yaroslavl | ||
Khabarovsk |
Data from the World of Apartments portal
The lowest housing prices in the regions of Russia
The rating of Russian regional centers with the lowest cost of housing was compiled by experts Penny Lane Realty. At the same time, the average price in the primary and secondary markets and the volume of housing construction were taken into account. According to the results of a comparative analysis, the lowest real estate prices were recorded in the following cities.
Grozny: the average price of 1 square. m - 22.3 thousand rubles. The population of this city, the capital of the Chechen Republic, is about 230 thousand people. Social, sports, trade and transport infrastructure is being actively restored here, new city communications are being laid, and industrial enterprises are being built. In 2007, 215.9 thousand square meters were put into operation in Grozny. m of new housing, in 2008 - 250.4 thousand, in 2009 and 2010. - 296.2 and 340.5 thousand, respectively. The implementation of the ambitious Grozny City project continues, which includes about 50 houses from 12 to 45 floors, on an area of 500 hectares. Construction is scheduled to start in 2011 residential area on the territory of the central market and development of Minutka Square.
Birobidzhan: average price of 1 sq. m - 24.6 thousand rubles. The population of this city, the capital of the Jewish Autonomous Region, is about 190 thousand people. In 2010, only 35 thousand square meters were built in the region. m of housing. For comparison: the area of the Mega-Khimki shopping center alone is 211 thousand square meters. m. The cheapness of housing in Birobidzhan is due to objective reasons: the harsh Far Eastern climate, remoteness from large cities, low level of socio-economic development, lack of strategically important resources and population decline.
Magas: the average price of 1 square. m - 25.8 thousand rubles. The population of this city, the capital of the Republic of Ingushetia, is about 7 thousand people. The city of Magas was founded in 1998 from scratch specifically to become the new capital of Ingushetia. This is the smallest city in Russia in terms of population, and its territory does not exceed 15 square kilometers. km. All city communications have been laid in the city, residential complexes for 20 thousand inhabitants, and administrative buildings have been built. There is an active development of sports, entertainment and transport infrastructure. If in 2011 it is planned to build 152 thousand square meters in Ingushetia. m of new housing, then in 2015 this figure should be increased to 490 thousand square meters. m. According to experts, Magas is very promising for long-term investment in residential real estate.
Makhachkala: the average price of 1 square. m - 28.9 thousand rubles. The population of this city, the capital of the Republic of Dagestan, is about 700 thousand people. It is the largest Russian city in the North Caucasus. It is located on a narrow strip of plain between the mountains and the Caspian Sea and is Russia's only non-freezing seaport in the Caspian. In 2009, 242.5 thousand square meters were put into operation in Makhachkala. m of housing, in 2010 - 274 thousand square meters. m. In 2011–2015. it is planned to increase the volume of housing construction up to 400-500 thousand square meters. m annually.
Vladikavkaz: the average price of 1 square. m - 29.7 thousand rubles. The population of this city, the capital of the Republic of North Ossetia, is about 320 thousand people. In 2009, 150,000 sq. m of new housing, in 2010 - 175 thousand square meters. m. A pilot project for the construction of attic-type residential real estate for participants in the republican program "Affordable Housing for the Young" was implemented. In 2011, it is planned to start construction of residential microdistricts Severny, Moskovsky Kvartal and Novy Gorod with a total living area of 95.2 thousand, 377.7 thousand and 1.2 million square meters. m respectively.
In terms of climate, natural conditions and landscape, in all cities of the rating, except for Birobidzhan, there are all conditions for the prosperity of the tourism business, the successful development of residential and commercial real estate. Nature has given these places everything they need to create ski, health and spa resorts. Of course, turning the Russian North Caucasus into a second Courchevel is unrealistic, but it is quite possible to make these cities popular youth tourist centers. If someday the problem of hot spots in the North Caucasus is finally resolved, then this region can become one big investment platform.
Regions of the Russian Federation by the number of mortgage loans issued in 2010 |
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Top 10 |
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The subject of the Russian Federation | Qty | Money volume |
Tatarstan | ||
Chelyabinsk region | ||
KhMAO - Yugra | ||
Moscow region | ||
Irkutsk region |
CBR data
Positive trends
In 2010 in the Russian Federation ( according to the State Statistics Committee) was built and put into operation about 58 million square meters. m of housing, which is 3% less than in the previous year. Some regions and cities showed an increase in the volume of new residential buildings, and, conversely, some large settlements did not increase this indicator, remaining either at last year's level, or significantly below it.
A historical record for housing commissioning has been set in Yekaterinburg. Last year, more than 1 million square meters were commissioned here. m. In 2011 and 2012. it is planned to keep this bar, and already in 2013 to bring the volume of commissioning to 1.1–1.2 million square meters. m. They are going to achieve this level largely through projects of integrated development of territories (IOT).
According to the results of 2010, the leader in housing commissioning in Yekaterinburg was company "Renova-StroyGroup", engaged in the construction of a new district Akademichesky, where 275 thousand square meters were commissioned. m of new buildings. Until the end of 2025, it is planned to build 9 million square meters here. m of housing. In second place in 2010 in terms of the volume of delivered housing in Yekaterinburg, the company NOVA-stroy (part of LSR Group)- 73.1 sq. m. The city is being built up by such large companies as TPK "Uralobuv", "Uralenergostroykompleks".
Slightly inferior to Yekaterinburg in terms of housing commissioned Rostov-on-Don and Kazan.
One of the largest housing construction projects in Rostov-on-Don is being implemented by the company Patriot (subsidiary of Inteko). This is a new district of the Western Gate, where about 370 thousand square meters will be built on the territory of 33 hectares. m of residential property. The development of the district is carried out with houses of the new R-n-D series, from 15 to 19 floors high, manufactured by the Rostov House-Building Plant, completely reconstructed by Inteko, as well as 20- and 24-story high-rise buildings made according to individual projects. The residential area provides for the creation of a developed social infrastructure: schools, kindergartens, clinics, leisure centers, shops, consumer services, etc.
Group of companies SU-155 in addition to the Moscow region, it is building housing and infrastructure facilities in many cities of the Central District of Russia, as well as in Astrakhan, Nizhny Novgorod, etc. Every year, SU-155 increases the amount of space it puts into operation. Your contribution to the provision of residents Russian regions apartments in new buildings contributes company "Peresvet-Invest". In Volgograd, this is a residential complex in the city center, new projects are being implemented by the company in Krasnodar.
Programs for the demolition of dilapidated housing and obsolete panel five-story buildings - Khrushchev with varying degrees of activity are being implemented in many Russian cities and regions.
Thus, in the Altai Republic, within the framework of the program "Promoting the development of housing construction in the Altai Territory for the period 2010-2015", it is planned to resettle 805 demolished and emergency residential apartment buildings. About 16 thousand people will be relocated from 370 emergency apartments.
In Kazan, a republican targeted program for the resettlement of citizens from emergency housing stock for 2011 was approved. It included 50 city houses, in which 1,652 people live. The settled area will be almost 21 thousand square meters. m.
There is a problem
During the first months (January and February) 2011 in the Russian Federation was put into operation ( according to the State Statistics Committee) 5.25 million sq. m of housing, which is only 88.5% of the volume of Russian new buildings in the same period last year. At the same time, this figure is 49.4% in the North-Western District, 65.5% in the North Caucasus, 67.2% in the Far East, and only in the Ural and Volga Districts - more than 100% (104.5 and 100.3%, respectively). ).
As for the secondary market, it is gradually recovering in large cities, but the pace of recovery in many of them leaves much to be desired.