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EXPERTS NAMED CITIES WITH LOW REAL ESTATE PRICES

... market in Russia and came to the conclusion that there is a fairly large number of deals with cheap real estate in a number of cities. The maximum number of contracts with the price of an apartment or house of up to 500 thousand rubles was recorded in Omsk (32% of the total number of transactions), reports Izvestia. Voronezh closes the top five with the number of such transactions at 5.3%. Both capitals and their regions were analyzed as well - the indicator there was 1.1 and 0.5% (Moscow and St. Petersburg, respectively). Among the reasons for the low cost of housing, experts call an uncomfortable climate, migration outflow of the population, low income and quality of the housing stock, as well as an unfavorable environmental situation....

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