Russian Housing Market Stagnation: Primary Market Struggles, Secondary Market Holds Steady
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Insights by Echo AI
The Russian housing market is experiencing a period of stagnation, with the primary market facing challenges such as decreased supply, high mortgage rates, and reduced demand. Developers are offering discounts, but many are marketing constructs. The secondary market, however, shows signs of dynamism, with transaction numbers up by 26.3% since the beginning of 2026. Experts predict continued stagnation, with no signs of a stable recovery yet.
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