The volume of offers in new buildings in Moscow decreased by 14 in a month%

The volume of offers in new buildings in Moscow decreased by 14% in a month and by 49% in a year. This was announced on December 8 by analysts of the Metrium company, who summed up the results of November in the primary market of the mass segment of Moscow.

According to analysts, in November, 10.4 thousand lots (-14% per month, -49% per year) were exhibited in the new building market of the mass segment of the capital in 78 projects, where 9.3 thousand were apartments (-15% per month, -49% per year) and 1.1 thousand apartments (-12% per month, -47% for the year).

At the same time, not a single mass segment project entered the market this month, although two new buildings were launched in the projects already underway.

According to the study, the weighted average price per square meter of apartments and apartments in November 2025 was 404.3 thousand rubles (+5% per month, +23% per year).

The weighted average price of apartments is 411.78 thousand rubles per square meter (+5% per month, +24% per year), apartments — 326 thousand rubles per square meter (+3% per month, +14% per year).

In total, 2.5 thousand equity participation agreements were registered in the mass–market of new buildings in November (+6% per month, - 4% per year).

"Against the background of stable demand and a small number of starts, in the first half of 2026, the supply in new comfort-class buildings in old Moscow will be almost exhausted," Yaroslav Gutnov, founder of SIS Development, explained to Izvestia.

According to him, the share of massive new buildings in the supply structure has already reached its lowest levels in the history of the primary housing market. In quantitative terms, Moscow developers last offered fewer comfort-class apartments in March 2021.

"In the current economic conditions, it has become unprofitable for developers to build typical massive new buildings. Next year, in my opinion, the supply will gradually begin to be replenished, but at the expense of comfort-plus class projects," the expert said.

It is noted that the share of mortgage loan transactions in November was 77% (+1 percentage point per month). The average market mortgage rate has not changed over the month.

It was recorded that in November the maximum number of transactions was registered in the VAO (18%, -1 percentage point per month), the second largest number of transactions was in CJSC (18%, +6 percentage points), the third position was occupied by the Southern Administrative District (14%, -2 percentage points).

"In November 2025, the trend towards supply reduction continued in the mass—market of new buildings: the volume decreased by 14% to 10.4 thousand lots," said Ruslan Syrtsov, Managing Director of Metrium.

At the same time, consumer activity increased by 6%, reaching 2.5 thousand. This increased the imbalance between supply and demand. As a result, the weighted average price per square meter in the mass segment increased by 5%, for the first time exceeding the psychological limit of 400 thousand rubles. The expert clarified that demand continues to be supported by the expectation of adjustments in the family mortgage program, the gradual transfer of part of the population's funds from bank deposits to real estate, as well as seasonal promotions by individual developers on the eve of the holidays.

Square measures: the State Duma wants to expand the family mortgage to the "secondary"

The deputies will propose to the government to increase the number of cities where preferential loans will operate.

Earlier, on December 8, analysts pointed to the gap between the average price of finished and under construction housing in the Russian Federation. According to them, expensive market mortgages continue to widen the gap between the average price of 1 sq.m. m in ready-made and under construction housing in Russia.

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