March was quite active, a marked decline began in April. It is not so critical for a market where communication with the buyer is possible to build remotely, but is quite noticeable on the secondary market, which cannot exist without a mass display of objects, – explains the analyst NDA Mikhail Khorkov.
housing Prices are still kept at the level of the February-March, but in the coming months, according to experts, the situation will change, and will affect mostly secondary housing market. The cost of apartments, especially older ones, are located in unattractive areas, crawl down. If there is a challenge and an opportunity to sell the old house and move to a new – now is the time.
the Decline in prices in the primary market can be expected: not all developers have the opportunity to take this step – they will be forced to accept a decline in sales. At the same time, according to the analyst, it is likely to increase in the number of promotions and special offers on individual objects – for example, illiquid at the apartment.
part of the demand for new housing will be supported by Federal subsidies to reduce mortgage rates to 6.5 percent. The Federal government has earmarked six billion rubles. It is expected that the measure will ensure that the issuance of the order of 250 thousand housing loans.
– buyers who took a wait, to have the motivation to return to the market, – says Mikhail Khorkov. But this is only a crisis management tool, it is not able to act as a driver of development. The decline in market activity, in any case can not be avoided.
– the Support members of the construction market, the banking community, the authorities envisage to support demand, will keep the operation of the building – the most important industry, which, in turn, will be the driver of economic recovery in the region, – said the head of the Ural construction companies Valery Ananiev.
Keep the interest of the citizens to the mortgage loans and attempts by the Bank of Russia: recently the regulator has proposed to shift the insurance risks of buying mortgages from borrowers to banks.
– In some degree it will simplify the process of interaction and of obtaining credits, – the analyst of UPN. Bank is more high-tech and professional member of the real estate market than an individual. It is easier to build communication with insurance companies to find the best solutions for the price of this service. It is clear that one way or another, all costs will be borne by the borrower, but perhaps it will make the market more sustainable in the long term.
an Extended version of the material will be published in the next issue of the “economy of UrFO”.
