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The cost of housing in Sochi increased by 14.9%

03.07.15

In just the first half of the cost of housing in new buildings has increased by an average of 14.9%.

Buy a house in the resort town it is possible for 69,122 rubles per m2. Thus, the city of Sochi showed positive price dynamics among other Russian cities.

The marked rise in prices caused by increased interest in real estate in Sochi from wealthy investors. In turn, this interest was caused by the change of the economic situation and as a result, switching from foreign properties in Sochi.

Second place in terms of growth of prices took Kazan, followed by St. Petersburg. In the ranking of cities with the highest price m2 includes Moscow, St. Petersburg, Khabarovsk, Ekaterinburg and Sochi.

As for the secondary real estate market, the largest price increase was observed in Sochi, St. Petersburg and Krasnodar.

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