Template-Type: ReDIF-Article 1.0
Author-Name:Georgiy Zadonsky
Author-Name-First: Georgiy                              
Author-Name-Last: Zadonsky
Author-Workplace-Name: Gaidar Institute for Economic Policy
Title:  RUSSIAN REAL ESTATE MARKET IN JANUARY�OCTOBER 2013
Abstract: In January�October 2013, entities of all the forms of ownership built 566,800 apartments with floorspace of 45.4m sq. m which is equal to 113.3% on the respective period of 2012. In 2013, the correlation between the price of housing and households� income points to higher affordability of housing both on the primary market and the secondary market. The weighted average rate on MHL in rubles extended within a month fell from 12.9% in March 2013 to 12.3% as of November 1, 2013. As of October 1, 2012, the debt on MHL in shares of GDP increased to 4.89% which is 2.3 p.p. higher than the largest pre-crisis value in 2008 
Classification-JEL:   G21,  K11, L74,  L85,  R14,  R21 , R31,  R52  
Keywords: :  REAL ESTATE MARKET
Journal: Russian Economic Developments
Year: 2014 
Issue: 1
Month: January
Pages: 41-45
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/268Zadonsky.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:268