In late may, new home sales returned to the March level, considered the Foundation for the protection of the rights of citizens – participants of shared construction. In the week from may 25 to 31 was concluded 6.7 thousand contracts equity (6.5 thousand contracts in the first week of March). Almost a third of Russians believe that now is a favourable time to buy a home, reports TASS with reference to the poll.
this week the Ministry began accepting applications from banks to compensation for lost income on loans for the implementation of housing projects. To support the construction industry, the government adopted the decision to launch the program of preferential mortgage at 6.5% per annum for the purchase of new housing, as well as on the allocation of 30 billion rubles for the completion of projects defrauded investors.
“These and other activities plan will support the construction industry, which creates new jobs, supports and stimulates the economy in the regions, specific municipalities”, – said the Minister of construction and housing and communal services Vladimir Yakushev at session of working group of the state Council, which discussed the situation in housing in a pandemic
the Market began to recover after the may holidays, celebrated in the HOUSE.Of the Russian Federation. It is now almost reached the average level of weekly sales, which was before the isolation.However, demand is recovering unevenly: for example, in Moscow, home sales remain at 50% of the value for Feb-March.
“In may residential market mass segment there was a lull, – said the managing partner of the company “Metrium” (a participant in the affiliate network of CBRE) Maria Litinetskaya. – Buying activity virtually came to a standstill in the first half of the month. In addition to measures of self-isolation played a role in the celebrations – many have left for the summer.” However the second two weeks of the month, according to the expert, were significantly more active. This gives hope for the realization of postponed demand in June and July, when the sales offices.
“With the introduction of quarantine measures there was a brief decline of interest in the real estate market,but by the end of April, he was replaced by rapid growth, – said managing Director of “Avito real Estate”Ivan Dubrovin. – During this time, consumers have accumulated pent-up demand that could not be realized in the period of self-isolation. People were waiting for the first opportunity to return to pending”.
With the end of the period of self-isolation, according to Dubrovin, was recorded a sharp increase in demand, which exceeded the similar period in 2019: the number of active users at the end of may was up by 43.2% year-on-year, and the total number of queries contact the seller by 17.4%. “Everything indicates that the real estate market is experiencing ��now the rapid growth of consumer activity, – said the expert. – Isolation forced the Russians only to postpone their plans, but not eliminating them completely. That is why we now see a positive impact of the real estate market from the effect of deferred demand. On the platform of “Avito Real” users were 3 times more call sellers than in the period of maximum fall, to learn more about a particular object”.
