Homes being built in Moscow less than before the crisis

Compared to the pre-crisis period, the number of new buildings in Moscow decreased by almost a quarter, analysts estimate, "Miel". Since the early 2000s. and up to the crisis, the construction of housing in the capital only increased, but by the end of 2008 were frozen about 80% of Moscow's buildings. New homes, which should enter the market at the turn of 2010-2011. Were to be laid in the autumn of 2008, so for the current winter "has all the chances to experience deficits in the market of new," said last year the market participants. Indeed, the new buildings now in Moscow less than before the crisis, estimated Vladislav Lutskov, CEO of analytical consulting center "Miel": in III quarter 2010, sales are 278 objects against 357 a year ago and 362 two years ago (see chart .) "This new building, which conducted commercial sales. Housing for social programs is not considered "- explains Lutskov. Reducing the number of buildings connected not only with the fact that a number of sites had been frozen, but with the slowing of the release of new, said Konstantin Kovalyov, managing partner at Blackwood. According to his estimates, the number of buildings in Moscow decreased by approximately 30%. Not so clear, and the decrease in Moscow was not as dramatic counters portal director Oleg Repchenko IRN. Now in the Third Ring Road to Ring Road sold 181 object, and in early 2008 - 195. But if we compare the total volume of deals in the primary market of Moscow region (Moscow and Moscow region), now objects to the sale of even more: 886 against 710 in 2008, "The market began to come out for new projects, and many old buildings have not sold out" - he says. In the III quarter of the market went the maximum number of objects from the beginning of 2009, is pleased Lutskov. According to Kovalev, most new low-cost segment of the proposals in September 2010 the volume of such proposals has increased by 50% compared with the beginning of summer. "This is the only segment in which the cost of apartments is correlated with real purchasing power of buyers. So as you move the construction and reduce the number of unsold apartments developers raise prices, "- said Repchenko. The average cost of 1 sq. km. m in the capital of IRN estimated at $ 4452 (135 831 rub.).