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Moscow : Country real estate market report - 2012

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Moscow : Country real estate market report - 2012

The supply growth in elite suburban real estate segment is significantly higher than that of previous years.

In 2012, the settlements with mandatory labor contract or built houses dominate the overall supply volume in contrast with previous years when the lots without labor contract prevailed.

A notable deficit of land suitable for elite real estate construction within the twenty-kilometer distance area adjacent to the capital on the western direction may affect the volume of future supply.

The purchases are primarily not of an investment kind: most buyers choose the houses in which they plan to settle.

All market participants became more cautious and pay greater attention to comprehensive study of the property intended for purchase and of the legal side of the matter as well.

Source : Knight Frank

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Keywords : Knight Frank