In Russia, in 2024, the pace of housing construction decreased by 20-30%

10:13; 10 January 2025 year

By the end of 2024, Russia is experiencing a decline in development activity. In Moscow and the Moscow Region, the pace of new housing commissioning decreased by 5-19%, while in the regions the decrease is 17-29%. This is reported by "a href=" with reference to market participants.https://www.kommersant.ru/doc/7423128 ?tg"> "Kommersant".

Experts attribute the negative dynamics to a decrease in demand and an increase in construction costs. Reducing the commissioning of facilities allows developers to avoid overstocking and keep prices down.

It was noted that the projects completed last year were planned during the period of high demand. Against the background of a general decline in purchasing power, developers will prefer to postpone the launch of new projects until better times. According to the forecast for 2025, the cooling of the market will continue. The decline in construction is expected to reach 20-25%.

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