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Economy

Most unsold new buildings in Moscow, Moscow and Krasnodar

Almost half of the housing under construction with risks of undersold, or 16.3 million square meters. m as of the beginning of September, was concentrated in the top 10 regions in terms of construction portfolio. Such data "RBC Real Estate" was provided in the analytical center "Dom.RF".

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Almost half of the housing under construction with risks of undersold, or 16.3 million square meters. m as of the beginning of September, was concentrated in the top 10 regions in terms of construction portfolio. Such data "RBC Real Estate" was provided in the analytical center "Dom.RF". Thus, most of such housing is concentrated in the three largest markets: in Moscow - 2.8 million square meters. m, Krasnodar Territory - 2.7 million square meters. m and the Moscow region - 1.9 million square meters. m.

As told “RBC Real Estate” in “Dom.RF”, as of September 1, among the top 10 regions in terms of construction portfolio, the longest terms of implementation of unsold housing under construction are recorded in the Krasnodar Territory (5.6 years), the Republic of Bashkortostan (4.4 years) and the Leningrad region (4 years). It is noted that in them demand does not keep up with supply and there are risks of overload. The least time to sell the current stock of housing under construction will be in St. Petersburg (2.3 years), the Moscow region (2.3 years) and Moscow (2.6 years).

Analysts associate the growth of housing volume with insufficient sales with the general trend of declining demand for new buildings and maintaining market mortgage rates at a high level.

Source: Коммерсантъ ↗

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