Supply on Yekaterinburg existing homes market goes down 4% in two months
9 August 2013 (11:05)
August 9, 2013. The amount of apartments for sale on Yekaterinburg existing homes market has dropped by 4% since the beginning of the summer and reached 8,700 to 9,200 apartments, Ural Chamber of Real Estate's analytical research says. At the same time, the current supply is actually 29% bigger than at the start of 2013.
Existing homes prices rose by 0.4% over the last four weeks. The only exception was the city's fifth most expensive district, where prices declined by 1.5% and came to 51,748 RUR per sq m. The fluctuations stayed within 1% range, which means the market has retained some weak upward trends. As of August 5, 2013, the price of a square meter of housing in an apartment for sale averaged 70,791 RUR. In the city's central districts, the figure was 89,833 RUR per sq m, in the second most expensive parts of the city this was 73,308 RUR, in the third and fourth most expensive districts, the figures were 65,589 RUR and 61,874 RUR, respectively.
Prices have gone up most on the apartments in the Stalin era buildings (+1.3%) and recently built ones (+1%). The prices of the Soviet times dwellings fluctuated between – 0.2% and + 0.6%. The prices of a square meter of housing in a Khrushchev era and Brezhnev period building come to 67,994 RUR and 67,269 RUR, respectively. A sq m of housing in an improved layout apartment is 68,971 RUR.
Existing homes prices rose by 0.4% over the last four weeks. The only exception was the city's fifth most expensive district, where prices declined by 1.5% and came to 51,748 RUR per sq m. The fluctuations stayed within 1% range, which means the market has retained some weak upward trends. As of August 5, 2013, the price of a square meter of housing in an apartment for sale averaged 70,791 RUR. In the city's central districts, the figure was 89,833 RUR per sq m, in the second most expensive parts of the city this was 73,308 RUR, in the third and fourth most expensive districts, the figures were 65,589 RUR and 61,874 RUR, respectively.
Prices have gone up most on the apartments in the Stalin era buildings (+1.3%) and recently built ones (+1%). The prices of the Soviet times dwellings fluctuated between – 0.2% and + 0.6%. The prices of a square meter of housing in a Khrushchev era and Brezhnev period building come to 67,994 RUR and 67,269 RUR, respectively. A sq m of housing in an improved layout apartment is 68,971 RUR.
 | Embed to Blog |  | Subscribe to Newsletter |  |