a housing professional developers this year will amount to about 40 million “squares”. This is seven percent less than in 2019. Because of the pandemic, the sector will put in the record, showing a minimum amount of input in a decade, said Li.
anti-virus restrictions will lead to the postponement of the delivery of houses on average two to three months. According to housing analysts predict decline on average by nine percent. But in the regions the situation varies.
most of the downtime has affected the construction of the Central and Volga Federal districts, the Urals, his influence on the volume of construction work was the least noticeable. The reason – high dynamics at the beginning of the year. In April – may, Chelyabinsk and Tyumen region led the country in growth enter professional development loans.
“the Volume of housing commissioning in the regions generally falls in February. In may, the process has accelerated, – noted in the review. Due to the fact that the decline in real disposable income in the regions is much greater than in the capitals. We expect that in the regions they could fall by 10-15 percent in 2020 compared to 2019”.
the state Program of preferential mortgage, launched in April 2020, has led to a redistribution of demand in favor of apartments in new buildings, said the National rating Agency. “In may, the cost of mortgages has reached a historic low”, say analysts.
the Revival of the primary market of residential property contributes to increased competition between banks. Mortgage borrowers, as explained in the NRA are attractive customers due to the optimal risk-return ratio of housing loans and the historically low level of overdue payment.
In 2019 bad debts on mortgage loans in Russia amounted to only 1.4 percent in 2020, the possible increase to 2.5 per cent. The NRA expects a renewal of the state program of preferential mortgage at least until next summer, but after November its parameters may vary depending on the size of the key rate and macroeconomic situation.
According to experts, activization of demand for primary housing in Moscow could lead to higher prices within ten percent (compared with the previous year). In the secondary market apartments will fall in price of five percent.
“These price trends is likely to be typical for regional markets,” – believe in the Agency. To restrain the “appetite” of developers will be a reduction in the real incomes of Russians. To attract consumers, developers will surely provide marketing promotions like seasonal discounts, bonuses for the first buyers or for a number of objects, assuming expenses on payment of percent on the mortgage, added to the NRA.
