03.04.2012 - Moscow: Lack of supply drives housing market rise
While the cold continues on Moscow's snow-slicked streets, apartment prices have stayed hot in the capital as the city's construction restrictions force high prices for elite apartments and unmet need keeps middle-class housing in demand. What's more, while demand is putting pressure on both wealthy and middle-class buyers, it is piquing interest among developers, analysts said in interviews...............................................Full Article: Source
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