Irkutsk new buildings have risen in price by 24 percent in three years

Irkutsk ranks second in Russia in terms of rising prices for apartments in new buildings. Over the past three years, new buildings in Irkutsk have risen in price by 24.1 percent. In July of this year, a square meter in a new house began to cost 62,141 rubles, while in July 2016 its price was 50,081 rubles.

Experts analyzed the price dynamics for apartments in new buildings in 63 major Russian cities from July 2016 to July 2019. According to the results of the study, over 3 years, prices for new buildings. The cost of a "square" here has been rising throughout all three years and has grown by 53.4 percent. Novosibirsk occupied the third place after Sochi and Irkutsk with a positive dynamics of 23.7 percent: the cost rose from 53,742 rubles in July 2016 to 66,500 rubles in July 2019.

Over the same period, prices for apartments in new buildings decreased as much as possible in Makhachkala - by 13.1 percent. Sochi is the leader among the most dynamic cities in terms of price for new buildings. The cost of a "square" here has been rising throughout all three years and has grown by 53.4 percent. Novosibirsk occupied the third place after Sochi and Irkutsk with a positive dynamics of 23.7 percent: the cost rose from 53,742 rubles in July 2016 to 66,500 rubles in July 2019.

Over the same period, prices for apartments in new buildings decreased as much as possible in Makhachkala - by 13.1 percent.