Home » Rostov-on-Don » EconomicsIn Rostov rising real estate prices.The high pace of construction does not reduce the housing deficit in Rostov.
Now demand exceeds the supply, thus increasing prices. It is possible that the development of mortgages will cause rapid growth in real estate prices. According to the director general of the title of "Eugene Sosnitskogo, mortgage display at the huge market of the population, which for the purchase of housing lacking 10-20 thousand dollars. "None of the pace of construction, any increase would not be able to meet this demand," - sure Sosnitsky. Housing Fund of Russia is about three billion square meters to meet today's demands, you must enter more than one billion square meters of housing. This is more than half of what is now in Russia. Rostov Region in the past year has built more than a million square meters. This is the highest in Russia. It is so much to build each region annually over 15 years to enter the country's half a billion square meters. Demand will exceed the long sentence. Politicians fear the rapid growth in real estate prices due to the development of the mortgage. Real estate specialists say that the prices and so steadily rising. Every year at 30-35 percent. In the first quarter price increases ranged from 10 to 15 percent. According to specialists, it is time to May holidays and holiday season a few lower prices. As a result, their growth will reach last year's level - up to 35 percent.
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