DataLife Engine / Elite housing mortgage is gaining popularity in Moscow

Elite housing mortgage is gaining popularity in Moscow

Compared to the first quarter of the 2017 year, in early 2018, the demand for elite housing increased by 24%. According to the company, from January to March of this year, more than 140 contracts were concluded for the purchase of apartments worth a total of over 10 billion rubles ($160 million).

The average price of an elite living space in new buildings in Moscow amounts to about 800,000 rubles ($13,000) per square meter. At the same time, there is a 25% increase in the share of elite housing buyers who took advantage of a mortgage loan. As experts say, such dynamics will continue in the coming months as well. The volume of new elite buildings supply in Moscow has also increased — up to 70% compared to the level of the 2016 year.

11-04-2018, 20:44
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