On the background of the introduction of the isolation of pandemic COVID-19, Moscow developers have sharply reduced the output of new projects in housing construction. In April and may, sales started only three projects, it is three times less than in the same period last year. Initially, the spring was declared a conclusion to the market for at least another seven projects, but the start of sales in them were transferred. However, not all developers recognize that migration is associated with the pandemic: some of them explain the delay of the start of the completions of their projects.Analysts We Know there has been a sharp reduction in activity on the Moscow housing market: over the past two months, developers have launched sales only in three residential complexes, while in April-may 2019, the market was 10 projects. In the first quarter, even before the regime of self-isolation, such a trend was observed: the sales started in 11 projects with a total area of 551 sq m and in January-March 2019 offer was added 10 new complexes with a total area of 625 sq. m. the Chairman of the Board of Directors of the company “best new Building” Irina Dobrokhotova, citing bnMAP.pro adds that in January-may 2020 sales started in 162 new buildings residential complexes in Moscow and the Moscow region, while in the previous year their number reached 222. The most noticeable reduction of the output of housing in the Moscow region, where in selling out one and a half times fewer new buildings than the year before.So, in the spring, was to start sales in residential complexes from developers 3S Group, “Center-invest”, “Koldi”, Sminex, MR Group, “Stroevo”, “494 UNR”. However, not all developers have attributed the postponement of the start of sales with the introduction of mode isolation: for example, in Sminex explain this decision by the need to make changes to the project “Achieving”. In the MR Group noted that too finalize the project of residential complex on a Large Cheremushkinskaya street, and in June will begin selling in another object — City Bay in the North-West of Moscow. Although “Koldi” acknowledged that the sale in the complex “Cossacks Grand loft” rescheduled for June due to lack of demand, caused by the regime of self-isolation.If developers continue to delay the release of new projects, after two or three quarters we can expect the growth of prices, warns CEO We Know Alexander Galitsin. Prices have already started to grow, adds Irina Dobrokhotova: in April and in the comfort class, and business class housing costs increased by 3% compared to March.The Director of the Department of residential property at Colliers International Kirill Golyshev confirms that the pandemic affected the postponement of the implementation of projects in the residential property market, but prices will influence the likely future demand volume. Commercial Director of “city-XXI century” Evgeny Shevchenko’m sure many developers delaying the conclusion of the projects, but first and foremost it concerns the residential complex��owls who “do not have outstanding characteristics.”Elizaveta Makarova
