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Quarterly Prime Residential Market Overview. QI 2007 (Knight Frank)


Despite the sceptical forecasts of analysts, the new build prime residential property market proved otherwise: in contrast to a slowdown in prices for affordable housing, prices for new build prime residential properties have grown by 15.4% since the beginning of the year and reached $16,860 per sq m in Q1 2007. The re-sale market saw a correction in prices during Q1 2007, with a minor increase recorded in March. Average prices grew by a moderate 0.8%. The maximal price increase of 8-11% was reported in the Arbat and Pluschikha sub-markets.

PDF, 810кб, 27.04.2007

The report is courteously provided by
Knight Frank, Russia

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