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:  RUSSIA�S REAL PROPERTY MARKET IN JANUARY-NOVEMBER 2014
Abstract:  In January�October 2014, entities of all the forms of ownership built 729,400 apartments with the total fl oorspace of 56.1m sq. m. which is equal to 123.7% on the respective period of 2013. Despite the macroeconomic situation, in 2014 in the country the ratio between the price of housing and households� income points to higher aff ordability of housing both on the primary and the secondary market. In 2014, the weighted average rate on MHL in rubles extended within a month rose from the minimum value of 11.97% in March to 12.84% in October. As of October 1, 2014, the debt on MHL amounted to 6.19% of the respective GDP which value is 1.21 p.p. higher than that as of October 1, 2013.
Classification-JEL:   G21,  K11, L74,  L85,  R14,  R21 , R31,  R52  
Keywords: :  REAL ESTATE MARKET 
Journal: Russian Economic Developments
Year: 2015 
Issue: 1
Month: January
Pages: 37-40
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/442Zadonsky.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:442