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Luxury new homes in Moscow go up in price by 40%

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Luxury new homes in Moscow go up in price by 40%

Over the course of the past two years, luxury new homes have gone up in price nearly by an average of 40% - up to 844,000 roubles per square meter, says the research conducted by Top Brokers Alliance.


“Over the course of two years, the price has risen by 39% - from 607,000 roubles in half of the year 2014 to 844,000 roubles in May 2016”, - specify the authors of the document.

At the same time, the price in dollars has dropped over by 29% - from $18,040 to $12,780 per square meter over the course of that period of time.

Luxury new homes in Moscow go up in price by 40%

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