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Yekaterinburg:New Home Prices Drop 10%

12.10.2016

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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