23 March 201609:30
Yekaterinburg: Existing Home Prices Drop 9.2%
UrBC, Yekaterinburg, March 23, 2016. Prices dropped by 9.2% on Yekaterinburg existing home market compared with February 2015, Ural Real Estate Chamber reports. As of March 21, 2106, the average price of a square meter came to 69,633 RUR, and the customers currently have plenty of options to choose from. Even though the market supply declined somewhat in January and February, it is still 28.6% larger than one year earlier: there are 10,360 apartments and 1,850 rooms in communal apartments for sale in the Chamber’s database (compared with 8,000 apartments and 1,200 rooms in February 2015). The