Yekaterinburg:New Home Prices Drop 10%

12 October 2016 (14:17)

UrBC, Yekaterinburg, October 12, 2016. The asking price on Yekaterinburg new home market came to 69,891 RUR per m2 on average in the third quarter of the year, which was 0.2% more than in the previous quarter, Novosel reports.

Centrally located new apartments grew 10.1% less expensive (down to 118,226 RUR per m2), those next to the centrally located ones (in the city’s second costliest districts) grew 1% less expensive (down to 72,577 RUR per m2). Housing prices in Yekaterinburg’s third, fourth, and fifth (the remotest and the least expensive) districts went down by 0.3% (down to 61,566 RUR per m2), up by 0.9% (up to 57,203 RUR per m2), and down by 3% (down to 52,266 RUR per m2), respectively.


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