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:  THE REAL ESTATE MARKET IN THE RUSSIAN FEDERATION IN JANUARY-FEBRUARY 2015
Abstract:  In January–February 2015, 155,900 apartments were commissioned and their total fl oorspace of 12.3m sq. meters
exceeded by 40.6% the result of January–February 2014. According to the data of the Rosreestr, in 2014 the volume
of registered titles to land plots (6735253 registration certificates), including the individuals’ titles exceeded
by 1.69% the result of 2013. For the first time since 2010, growth in mortgage housing landing gave way in 2015
to a decrease: 43025 loans for the total amount of Rb 70.52bn extended in January 2015 were 9.85% and 11.07%
lower in quantitative and monetary terms, respectively, than in January 2014. As of 1 February 2015, the overdue
debt on MHL in rubles as percentage of the outstanding debt fell 0.12 p.p. as compared to 1 February 2014 and
amounted to 0.87%. In January 2015, the weighted average rate on MHL in rubles amounted to 14.16%, which is
2.19 p.p. higher than the lowest value of the rate in 2014. 
Classification-JEL:   G21,  K11, L74,  L85,  R14,  R21 , R31,  R52  
Keywords: :  REAL ESTATE MARKET 
Journal: Russian Economic Developments
Year: 2015 
Issue: 4
Month: April
Pages: 48-51
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/496Zadonsky.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:496