OREANDA-NEWS Currently, there is a stagnation in prices for Russian new buildings, but in 2025 there may be a pronounced downward trend in the cost of such housing, said the head of the Analytical Center "Real Estate Market Indicators IRN.RU " Oleg Repchenko. He is quoted by Rossiyskaya Gazeta.

According to the analyst, so far the developers do not see any reason for sales, especially since during the period of high demand, sales were going well and allowed them to create an airbag. However, towards the end of the year, the amount of discounts may increase, and there will also be more promotions such as repairs or gift parking spaces.

"As current facilities are completed, developers will need to re-fill escrow accounts. In order to attract attention to new projects and quickly fill the escrow, developers will bring new projects at prices below the market. Thus, in 2025, a more pronounced downward trend in housing prices may develop," Repchenko said.

He is convinced that the primary housing market will continue to cool down if there is no massive preferential government mortgage support.

In the secondary market, demand has already subsided, although prices are still "marking time". Their decline is hampered by the slow growth of supply. Owners prefer to remove objects from sale, hoping to sell them in the fall, when, as they believe, the market will revive. Therefore, in August we do not have to wait for a serious price change for the "secondary".

Previously, real estate was called one of the safest investment assets for ordinary Russians. It turned out that almost every fifth real estate buyer treats such a transaction as a way to save capital.