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 PROPERTY MARKET IN THE RUSSIAN FEDERATION IN Q1 2015
Abstract:  In January–April 2015, entities of all the patterns of ownership built 295,100 apartments with the total fl oorspace of 23.4m sq. meters which is equal to 128.4% as compared to the respective period of 2014. In Q1 2015, the average actual cost of building of a sq. meter of housing rose by 1.25% as compared to Q1 2014 and amounted to Rb 39,790. In Q1 2015, the volume of registration of individuals’ titles to land plots (1,358,000 certifi cates) increased by 8.23% as compared to Q1 2014. In January–April 2015, 184426 mortgage housing loans (MHL) for the total sum of Rb 297,819bn were extended (it is 36.75% and 39.66% lower in quantitative and monetary terms, respectively as compared to January–April 2014). In April 2015, the weighted average rate on MHL extended within a month in rubles amounted to 14.05% against 14.7% in March.
Classification-JEL:  G21,  K11, L74,  L85,  R14,  R21 , R31,  R52  
Keywords: :  REAL ESTATE MARKET 
Journal: Russian Economic Developments
Year: 2015 
Issue: 7
Month: July
Pages: 39-42
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/547Zadonsky.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:547