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RESIDENTIAL REAL ESTATE IS GETTING CHEAPER IN RUSSIA

... long-awaited decrease in residential real estate prices in June compared to May. A similar dynamics can be observed in the largest cities of the Russian Federation. As reported by Rossiyskaya Gazeta, the maximum decline in real estate prices was recorded in Omsk - in just a month, the price fell by 3.65%. Earlier, the prices in the city increased by 21.8%. The decline in property prices has been observed for the first time since 2020. A slight drop in prices (just over 3%) for secondary real estate is also ...

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