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Real Estate Briefing - Categorized | Market Moves, Performance more

Moscow property market holds firm in October

Posted on 12 November 2010

From Bsr-russia.com: Intermark Savills has released their October data which found signs of revival in the market, but the firm expects it will take some time for a complete recovery. Most demand (45%) was for three room apartments.The average cost of a three room business class apartment was reported to be $605,000.
More than 27 business class residential complexes which are under construction were surveyed and the firm found 18.5% of these remained in a suspended state……………………………………….Full Article: Source


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