The revenue of russian developers in January\u2013August 2025 decreased by 8% \u2014 to 2.9 trillion rubles (about 35 billion US dollars). This is the first decline since the beginning of the \u201cmortgage boom.\u201d Sales dropped even more \u2014 by 17%, to 14.4 million sq. m. The mass segment, which forms the basis of family housing, suffered the most.<\/p>\n
\u25ab\ufe0f 19% fewer new projects were launched on the market. This indicates that developers do not believe in demand and fear accumulating unsold apartments. Mortgage rates exceed 20% annually, even despite the central bank lowering its key rate. For ordinary families, buying housing is becoming unrealistic.<\/p>\n
\u25ab\ufe0f The gap between the primary and secondary markets has already reached 70\u201380%. This is a sign of a \u201cbubble\u201d that is being artificially sustained. Without subsidies, it could burst, hitting both buyers and banks. In regions where construction provided jobs for a third of the economy, employment reductions are beginning.<\/p>\n
The Center previously reported that in May, apartment sales in russia fell by 15% compared to March and by 40% year-on-year. The construction sector is becoming another indicator of the systemic crisis of the russian economy amid war expenditures and declining household incomes.<\/p>\n","protected":false},"excerpt":{"rendered":"
The revenue of russian developers in January\u2013August 2025 decreased by 8% \u2014 to 2.9 trillion rubles (about 35 billion US dollars). This is the first decline since the beginning of the \u201cmortgage boom.\u201d Sales dropped even more \u2014 by 17%, to 14.4 million sq. m. The mass segment, which forms the basis of family housing,…<\/p>\n","protected":false},"author":3,"featured_media":37939,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_kad_post_transparent":"default","_kad_post_title":"default","_kad_post_layout":"default","_kad_post_sidebar_id":"","_kad_post_content_style":"default","_kad_post_vertical_padding":"default","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","wds_primary_category":930,"footnotes":""},"categories":[930],"tags":[],"class_list":["post-37938","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rf-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/posts\/37938","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/comments?post=37938"}],"version-history":[{"count":0,"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/posts\/37938\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/media\/37939"}],"wp:attachment":[{"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/media?parent=37938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/categories?post=37938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/tags?post=37938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}