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increased by 14%, to 2.29 thousand lots, of which 80% are houses that owners are trying to get rid of (secondary segment). The number of houses for sale in the high-budget segment increased by 10%, to 1.85K.
The demand for newly commissioned housing projects in the Moscow region hit 6-year low in January 2023, Interfax reported citing the estimates of Cian analysts. To remind, According to the Moscow office of Rosreestr, there were 85,000 contracts for new housing closed in 2022, which is 13% less y/y. This confirmed previous reports that demand for new housing in the Moscow region declined by 15-20% in 2022. In January 2023, 8,300 share participation agreements (SPAs) were signed on the primary market of the Moscow Region, according to Cian’s report. As compared to December 2022, the demand has dropped by more than a third. The share of mortgages remained high accounting for 82% of transactions in January 2023, up from 65% seen for the same month of the previous year. The price per square metre remained flat month on month at RUB0.26mn.
In January 2023, the volume of space under construction decreased by more than 19% both compared to the previous year and compared to the same period in 2021. This is reported by Kommersant with reference to the data of the unified information system Nash. Dom.RF ".
According to the publication's calculations, in January, Russian developers received 192 building permits (RNC) for a total of 2.51mn sq. m. m of housing, which is almost half as much as in the same period of 2021-2022.
In particular, the volume of housing construction has decreased in Siberia, the Volga region and the Far East. At the same time, in the Moscow region, St. Petersburg and the Leningrad region, on the contrary, there is an increase of 6-8%. The database does not reflect data for Moscow, Kommersant clarifies.
According to NDV Supermarket Real Estate, in January, developers put up for sale in Moscow 412,000 sq. m. m at the zero cycle of construction, which is also less than two times compared to last year. Metrium said that in January of this year, about 10,100 apartments (14.2%) of the total number of real estate sold in the primary market were sold at the excavation stage. The indicator decreased by 16.1 percentage points (pp) compared to 2022. In total, in 2022, housing in new buildings in the capital was sold by 1.26 trillion rubles, the newspaper specifies.
9.1.5 Retail sector news
China is still the main supplier of Apple products to Russia although the deliveries come from India, while the sales of the brand’s goods have shrunk severely, online store Holodilnik.ru Commercial Director Alexei Pogudalov told PRIME on February 27. Business daily Vedomosti said earlier quoting statistics by firm GS Group that India accounted for 15% of the iPhones
151 RUSSIA Country Report March 2023 www.intellinews.com