World Cup 2018 Causes No Housing Price Boost in Yekaterinburg

UrBC, Yekaterinburg, May 11, 2018. The upcoming World Football Championship 2018 did not boost rental or housing prices in the games-hosting cities, domofond.ru reports.

Existing home prices only went up by 19.6% in Sochi, by 17.5% in Saint Petersburg, and by 15.5% in Kazan, where they can now be had for RUR 103,000 per m2, RUR 115,000 per m2, and RUR 71,000 per m2, respectively, Kommersant states.

As for all the other World Cup hosts, housing prices actually went down. In Yekaterinburg, the asking price of existing homes decreased by 5% against the year 2013, down to RUR 71,000 per m2 on average.


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