Deals with the Moscow housing more and more, but its prices are not rising

The number of sales transactions in the secondary market apartments in Moscow continues to break records, but prices remain virtually unchanged in April 2011 in Moscow, reported 9256 sales transactions of flats - it's a 24.2% increase over the previous month and almost 17% - than a year ago, according to data management Rosreestra in Moscow. Since early 2007, large numbers were only in December 2007 - 10 148 and December last year - 9619. Pent-up demand is transformed into a real, says director of sales of real estate Penny Lane Realty Alexander Zima. After the crisis the market downturn is gathering momentum normal people are willing to buy houses, added the president of "Best-estate" Grigory Poltorak. In March - April in the property market there is a traditional seasonal activity, like the chairman of the board of directors "Miel" Grigory Kulikov. But prices since the beginning of the year in dollars rose by about 5%, and in rubles - almost stand still, said the head of the analytical center IRN Oleg Repchenko. In the ruble prices are rising at 1-2% per month - within inflation, agrees Poltorak. According to analytical center "INCOM", in April, the average ruble price proposal even decreased slightly - by 0.9% to 197 600 rubles per 1 square. m, in dollars - increased by 0.4% to $ 7,000 per 1 sq. km. The bulk of the deals (80-90%) is an alternative, ie, congresses, mounted patrols, said Repchenko. Their number depends on the price of real estate: what they are stable, the greater the number of such transactions, with price fluctuations of the chain begin to crumble, he explains. The increase is due to 1-2-room apartments minimal cost, said Kulikov. Customers primarily interested in an apartment worth up to 170 000 rubles per 1 square. m, adds Poltorak. Another reason for the increasing number of transactions in the secondary market - the scant supply in the primary and the shift in demand towards relatively new segment - "yesterday's buildings," said Kulikov. In April, appeared in Moscow, 13 new buildings (total supply - 277 buildings), with 12 sites moved to the secondary level, reported analytical consulting center "Miel". On the number of transactions affected and mortgages, notes Zima. "The average rate in rubles is 13.1% less than it was only during the period of rapid growth of the market with the II quarter of 2007, the IV quarter of 2008 The number of applicants to take the credit is growing rapidly - explains the expert. - Many borrowers sell existing housing, to obtain funds for a down payment on a new apartment. In I quarter and in April, 2011 grew sales volume of 1-2-room apartments worth 5-7 million rubles. - Those apartments, which are used for a down payment. " In his opinion, such a connection will be traced at least the next six months. Mortgage while not significantly affect the number of transactions, object Poltorak. The period of growth will continue for at least five years, says Zima. By year-end prices could rise by 15-20%, according to Repchenko. Several explanations for this: first, the housing prices traditionally rise in election years, and secondly - the market returned to investors.