According to analysts, such figures are comparable to the summer and fall of 2022.
At the end of May 2023 in St. Petersburg the number of transactions in the segment of new buildings has increased by 2.5%. Thus, about 5.4 thousand apartments were bought on the primary market.
According to analysts, these figures are comparable to the summer and autumn 2022, says RBC referring to the consulting center "St. Petersburg Real Estate".
The head of the center Olga Trosheva noted that the increase in transactions is unusual for May, because at this time in connection with the holidays demand traditionally decreases at an average of 15%.
However, according to Ms. Trosheva, the main reason for this growth are changes in mortgage terms from the Central Bank of the Russian Federation, among which is an increase in the amount of the down payment.