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.