When the prices of apartments in St. Petersburg will go up?

St. Petersburg real estate market is stagnant. This notice and a simple user: prices do not rise, but not reduced, the objects offered for sale six months ago, still have not found new owners. Subject, however, many are waiting for (and fear) of a new explosion of prices, especially since there are preconditions for growth. At the request of Online812 with his prediction made by analysts in St. Petersburg and realtors. According to analysts, ARIN, the volume of supply in April rose 3%, prices in the secondary market increased by 0.6% and the number of transactions - 15%. At the primary real estate market, prices rose by 0.3% and the number of transactions on the contrary decreased - by 30 percent. This decline is explained by the experts that had not been launched for sale advertised residential complex of NCC «Eland" in Devyatkina. "Now the market froze in anticipation of the start of sales of apartments third line LCD" North Valley "- says Elena Amirov, director of equity construction According to Leonid Sandalova, deputy director of the agency" Bekar "stagnation occurs when price increases are not ahead of inflation. In January of this year, the price per square meter on the secondary market increased by 0.4 percent compared with December, in February - an additional 0.3 percent in March - by 0.2 percent. Of course, this growth, but very weak. And inflation - 12 percent per year. By the way, comparing the growth rates in 2011 with the pace, for example, of 2006, it must be remembered that while property values ​​were calculated after all in dollars, not in rubles, and because growth rates were so high. Now, if counted in dollars, and growth will be essential. That's how he explains the reasons for the current stagnation in the market Sparak Vladimir, Deputy Director General, Academy of Sciences' Research and Development Agency in Real Estate ": - The primary market pulls money on themselves. Clients selling their own homes, prefer to buy an apartment in a large area of ​​shared construction sites, thus winning the difference in prices. In general, the housing market is not expected considerable growth of prices, at least until the presidential election. None of the construction company did not want to contradict the government's program of affordable housing. According to recent data, only in St. Petersburg until 2015 plans to boost housing construction by 50%. On the future growth prerequisites for a rise in price, of course, there are, the question is: when they will work. According to information from banks, notably in 2011 - 30 percent - increased deposits in banks. This is the contributions of ordinary people: those that are accumulating one million rubles, taking a mortgage on a million and a half and buy apartments under construction. And soon those customers will come to the developers, when feel that money is better invested in real estate. In addition, we promise a new mortgage product - under 8 percent. A new home construction in the city while under way, but not at a pace to quickly meet the demand. "Making predictions - says Leonid Sandalov - should also take into account the psychological factor that analysts in 2007, completely overlooked. This rapid rise in prices, as in the first half of 2008, no one predicted. And, of course, seeing such an increase, customers have more catching up prices in an effort to buy more until it has risen in price even more. When we now have stagnated over, prices will rise by 15 percent per month. My guess, this growth can be expected this autumn. But there are other analysts who say that stagnation will last another two years. After the 2008 crisis, the number of transactions in the primary real estate market fell by 90 percent in the secondary - only 30. Secondary market transactions took most of the primary: the potential buyers prefer to buy a new building housing a smaller, but the ready. Now the process has gone in the opposite direction: the primary market picks up customers from the secondary. And this affects the number of transactions and, accordingly, the rate of price increase. The number of transactions is almost unchanged compared with 2009 and 2010. And it's hard to say, to reach ever pace the beginning of 2008. " The main reason for the increase in property prices - the rising cost of oil. Real estate could go up even faster b, analysts say, if foreign nationals could also be used as a means to Russian real estate investment vehicle. But now the sale of apartments foreigner will have to pay 30 percent tax. It discourages any investor.