Abstract

The Russian real estate market is a tool for providing citizens with affordable and comfortable housing, as well as providing office and retail space necessary for doing business. In the context of economic instability and geopolitical tensions in recent years, the Russian real estate market has faced serious challenges that have affected the main segments of the industry. The article, based on current statistical data and analyst forecasts, provides a comprehensive analysis of the current situation in the Russian residential and commercial real estate market. Particular attention is paid to key indicators: volumes of housing commissioning, mortgage lending, dynamics of prices and rental rates, and the share of vacant space. The general characteristics of the real estate market over the past three years (from 2020 to 2023) are described, the influence of the state on its functioning is analyzed, and the question is raised about the prospects for investing in this market segment today.

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