New Moscow and the region on a different road

In 2011, the market of new Moscow region, the number of transactions tends to that of 2004, the share of mortgage transactions is kept at 35-40%. More than 80% of the deals done in the suburbs. Retained a moderate price growth in the range of 5-10% per year. Develop new formats of housing: apartments, lofts, low-rise complexes. These and other recent market trends, new buildings of Moscow and Moscow region, read this article. In 2011, including through the development of mortgage lending and the implementation of pent-up demand, there is a high activity of the housing market and the rise in sales, analysts said the head of department and project appraisal company "Miel New" Anna Sokolova workshop on "New- 2011. What has changed for the buyer? ", held in the framework of the" Real Estate-2011 "in the CHA. According to forecasts, "Miel New", the number of transactions by the end of this year will be comparable with 2010 is worth noting that the volume of transactions over the past year (85 650) exceeded previous six years, more deals were in 2004 alone (86 394). In the primary market in Moscow and Moscow region this year is even more clearly revealed opposite tendencies. In Moscow, the amount of new housing is reduced. In 2010 the capital was introduced in 1.77 million square meters. m housing (instead of the planned 3.1 million square meters. m), which is 35% lower than the previous year. New housing in Moscow in 2011 is expected to be around 2 million square feet. m. On the background of declining supply of new buildings in the Moscow market, from January 2010 continues to increase the average level of prices. Today, the average cost of square meters. m is 196.3 thousand. In the Moscow region the amount of new housing up to 2010 was 7.7 million square feet. m. In 2011, expected to be put about 6.7 million square feet. m, which is 15% lower than before the crisis. In the suburbs, though not a decline in construction, the supply volume is several times the capital indicators. Therefore, the market of new areas in 2010, a decrease in the average level of prices. Today, the average cost of square meters. m is 59.7 thousand rubles. In 2011, there has been a further shift in demand from Moscow in the region. Today, on this "New Miel," 81% of all transactions performed in the Moscow region in the suburbs and only 19% in Moscow. Against this background, there is an active market development of new buildings in the settlements located within 5 km from Moscow, is gaining momentum trend in the development and consolidation of smaller settlements. In Moscow, the bulk of the transactions (65%) account for two-and three-room apartment. In Moscow the greatest demand is for one-and two-bedroom apartments (84%). In the gradation of the scheme pay most of the customers attracted by a mortgage or use the installment payment (29% and 34%, respectively) and only 37% of customers willing to pay 100%. This year, due to continued softening mortgage lending, the share of mortgage transactions, according to analysts' Miel New "will be at the level of 35-40% of total transactions. One of the key trends in 2011 is to focus on players in the increased demands of customers in real estate. There has been improvement of qualitative characteristics of residential projects - improving the quality of finishing of apartments, public spaces and improvement of houses adjoining areas. There is a diversification of supply and development of new housing formats, such as apartments, lofts, suburban low-rise complexes, etc. The level of realtor and real estate companies.