UrBC, Moscow, October 5, 2016. The price of a new home in Yekaterinburg rose by 1.9% in the course of nine months of the year and came to 3.912m RUR on average, Mir Kvartir reports.

The average asking price of Yekaterinburg homes decreased by 0.9%, down to 68,716 RUR per m2, in the third quarter of the year, but this was still 0.6% more than on January 1, 2016. Yekaterinburg is currently Russia’s 7th most expensive city to buy a place in among locations with population over 1m people.

Moscow is predictably the city with the most expensive housing; prices in the capital declined by 18.1% since the start of the year and come to 18.884m RUR on average at the moment. Saint Petersburg is second on the list, with prices rising by 4.3%, up to 7.071m RUR per apartment, compared with the start of this year. Sochi comes next (average price 5.631m RUR, up 19.5% on the start of the year), followed by homes in Moscow Region (4.731m RUR, up 11.4% on the start of the year), and those in Vladivostok (4,471m RUR, down 19.5% on the start of the year).

The most affordable homes can be had in Magnitogorsk, where a new apartment is available for 1.486m RUR (up 22.8% on the start of the year), Stavropol (1.687m RUR, down 16.8% on the start of the year), Makhachkala (1.797m RUR, -14.4%), Saratov (1.819m RUR, -5.2%), and Ulan-Ude (1.854m RUR, -4.8%).