Prices for new buildings in Russia may fall by 30%.

July 6 2020

Due to the current situation in Russia, due to the pandemic, the economy has fallen a little. If this continues? Then in Russia the largest developers will be able to reduce prices for new buildings by 20-30%. But if the quarantine lasts until May, a full recovery in demand for real estate may begin in the third quarter. At the same time, a drop in demand is predicted by 10-15%. If everything goes to improve, then large developers will be able to cope with the negative consequences without critical losses.