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Jul 15, 2010

New season urban rental open

According to the company "MIEL-rent", the new season at the urban rental market traditionally starts in mid-July and lasts until the end of October. At the peak of summer every year is the revival of the market of city rent. Experts of company "MIEL-rent" predict during this period, the growth in the prices of urban apartments, which will be about 15 %, after which prices will be fixed at a new level.

the"High season" this year started a little earlier than usual. The demand for apartments in June 2010 compared to may grew by 13 %. The supply of apartments during the same period increased by 10, 7 %. The overall situation similar to last year, although in June 2009, compared with the previous month, rising demand for rental apartments increased by 7.5% and the supply – only 2.5%.

the Maximum demand in June 2010 was for apartments cost from 1000 to 3000 dollars. (35 %), in second place - apartments cost from 750 up to $ 1000. (34%), third – apartments costing up to $ 750. (28%).

the Maximum sentence in June 2010 had for apartments cost from 750 up to $ 1000.(35%), in second place – apartments cost from 1000 to 3000 dollars. (34%). For apartments costing up to $ 750. I had about 30% . Less than half of cent of apartments worth more than $ 6,000.

"Thus, the market analysis indicates a growing demand for rent of city real estate deals in the first summer month. And though the offer in all price categories still exceeds the demand, the gap is narrowing and 9-20 % depending on the segment," emphasizes Maria Zhukova, first Deputy Director of company "MIEL-rent".

the Structure of supply and demand depending on the location of objects saved.
Most of the apartments of economy class in June it was proposed in the SEAD (16%) and sad (14%) and the least in CAO (5%). The leader in number of offers of housing business class and higher CAO (22%).

Average rents in June have grown in nearly all segments of the urban real estate market. The average cost of apartments in ruble equivalent increased by 6-8 %. Average cost 1-bedroom and 2-bedroom apartments business-class and luxury segment grew by 16% and 1.5% respectively, while 3-room apartments fell by 8%, and expensive multi-bedroom apartment has lost more than 40% in price.

as of 1 July 2010 the cheapest 1-room apartments were offered in the South at the price of 18 000 rubles, rents on the most expensive multi-bedroom CAO exceeds 1.6 million rubles.

"the Market of country rent is seasonal, with its peak was, therefore, formed a decreasing trend is expected and natural. In June 2010 continued proportional decline, as supply of properties and demand for them," - said Maria Zhukova.

with the market of country rent in June entered into 36,36% less in rent than in may, the demand decreased compared to may by 33,88%.

In June, the most in rent of country houses were offered up to a value of $ 1,000. (33,33%), in second place of the country house costing up to $ 1,000. (28,57% of the total supply). Maximum demand in June was enjoyed at home cost from 1000 to 3000 dollars. (54,55%), minimum (2,48%) – cottages cost from 10000$.

the Maximum demand and supply was recorded at a distance of from 10 to 19 km from the MKAD (33,33% of the total supply and 31.4% in the overall structure of demand) and 20-29 km (28,57%). Least of all the cottages were offered at a distance over 50 km from MKAD (3.17 per cent), while the minimum demand was for cottages in 10 kilometers from MKAD (6,61%). The most popular area is the West of Moscow.

In June 2010 the average cost of hiring cottages changed diverse. The prices on the objects with the distance of 10 km from MKAD and in the range of 30-49 km from Moscow grew in comparison with may by 21% and 29% respectively. The maximum decline (-62%) occurred in "summer holiday" deleted by 10-19 km from the Moscow ring road.

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In June 2010 average price for elite new buildings of Moscow amounted to $ 17 480$.
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Aug 03, 2010
The apartments on the secondary market in Moscow were sold faster.
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