How much more expensive apartments in Russia in 2019

The issue of home purchase for many has been and remains relevant. Will a change in the law on shared construction entail an increase in prices per square meter? How much more expensive apartments in Russia in 2019?

Content

1 What to expect in the near future
2 Another point of view
3 Changes in the secondary housing market

What to expect in the near future

The opinions of experts on this subject were divided. Some consider 2019 the most successful time for acquiring their own housing, especially in new buildings.

Others, on the contrary, are skeptical, saying that it is not worth waiting for price reductions, given the overall economic situation in the country, confirming their hypothesis with facts:

Reform of shared construction.

Before amendments to the law, the industry was financed by 74% at the expense of equity holders. Whereas from July 1, the bank will finance housing construction.

Accordingly, the developer will have to pay him a percentage. Thus, the expenditure part will affect the final cost of square meters of new buildings by about 10%.

An increase in contributions to the fund for the protection of the rights of interest holders to 6% will also inevitably lead to an increase in the price of housing by about 300 thousand rubles.
Accelerating inflation, rising value added tax, rising VAT from 18 to 20%. As you know, the implementation of the housing project is impossible without the availability of materials and services, which are also subject to VAT.

In 2018, the ruble fell, which led to an increase in prices for imported equipment and building materials. According to analysts, the domestic currency rate will continue to fall due to new sanctions against the Russian Federation.

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The drop in project profitability is another reason for the rise in price per square meter. The outflow of emigrants led to higher wages for workers. Consequently, apartments in the capital will rise in price by about 5 - 10%.

Thus, prices for liquid housing complexes will begin to rise in price much faster than market prices. But at the same time, according to Maria Litinetskaya, the general director of Metrium Group, demand creates supply.

Another point of view

For a motivated increase in prices per square meter, there are no conditions. The population is barely making ends meet. For many mortgages, the only way to get their own housing.

The developer, in order to sell apartments, offers buyers to issue an installment plan. Based on these factors, some experts suggest that housing in 2019 will fall in price by an average of 10%.

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On a note!

This is not very good news for those who have already managed to invest their money in real estate, in order to increase them.

Changes in the secondary housing market

According to analysts, the situation is such that prices for the secondary housing segment will begin to fall. Therefore, for those wishing to sell an apartment in the foreseeable future, it is better to hurry up so as not to cheapen.

Although in fairness it is worth noting that at the moment the cost of the second. housing has declined. To date, the conditions are dictated by the buyer. Most citizens, not wanting to put up with this state of affairs, are waiting for a more suitable moment, because of which they cannot sell an apartment for years, waiting for a better offer.

The overall picture is that the number of sellers is much higher than buyers. This indicates unstable incomes of the population. Experts predict a fall in prices for secondary housing in 2019, by about 15%. Thus, an investment in housing has become less profitable compared to previous years.

These are the forecasts of analysts versed in real estate market issues for the current year. How events will actually develop - time will tell.