According to the results of the first six months of 2017, more than 2,100 lots are being offered in 50 objects, which is 13% higher when compared with December, 2016, and totals 268,000 square meters.
Analysts added that the offer volume in premium-class housing increased by 11%.
The average price for 1 square meter was 703,000 roubles (≈$11,700) in the end of June. During 6 months it decreased by 8,5%, due to several new projects having entered the market with start prices. In the premium-sector this index is 640,000 roubles (≈$10,000), in elite sector – a little over 1m ($16,600).
According to the experts, before the end of the year, 10 more projects will appear on the market, and the offer volume will achieve 3,000 lots.