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The specialist spoke about the autumn forecasts for real estate

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Housing prices continue to rise, but there is no reason to predict sharp price spikes in the coming months. This was stated by Tatiana Polidi, Vice President of the Institute of Urban Economics Foundation, Director of the Real Estate Market department, at the Izvestia News Center on September 4 during a press conference on "The Autumn Real Estate market: forecasts and Reality"

"It is customary for us to separate the primary and secondary markets, although in fact this is not entirely correct from the point of view of expertise. We continue to observe quite active inflationary processes in the economy as a whole, and housing is just another commodity market that also has inflationary processes," the expert noted.

On August 28, financial market expert and economist Andrey Barkhota told Izvestia that secondary housing has fallen in price in a third of the country's regions. In the second quarter, the Central Bank recorded a decrease in the average price by 1 sq.m. m in 27 regions of the Russian Federation. The level of housing supply is sufficient to ensure that prices decrease rapidly in the face of a decrease in the number of mortgage transactions.

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