In St. Petersburg, in the first half of 2020, developers sold 2.6 thousand apartments, which is 17 percent more than in the first half of last year.
Such indicators were achieved due to the first quarter, since in the second the demand for
apartments in St. Petersburg dipped by 26 percent against the background of quarantine compared to the second quarter of 2019.
< br> The service apartment format suffered the most. Demand in this segment
St. Petersburg real estate decreased by 35 percent in April-June. If we take the entire first half of the year, the decrease was 5 percent.
The offer for the first half of 2020 in all segments of the
St. Petersburg real estate market decreased by 36 percent. Average prices have increased for all types of apartments except for the elite ones. By the end of the year, eight new projects for a total of 2.5 thousand rooms may go on sale.
