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The number of people selling their homes in Russia has reached a record level

According to the data, the number of people willing to sell their homes urgently and make concessions on the price has increased by 85 percent since the beginning of March.

Russia The number of announcements for the urgent sale of apartments in the real estate market has increased to a record level.

This information was given by Forbes magazine with reference to ЦИАН – real estate database.

According to the information, the number of people who are ready to sell their houses urgently and compromise on the price has increased by 85 percent since the beginning of March.

News it is given that the first significant increase in home sales occurred in March. The second wave, which started on September 18, is still ongoing.

According to the ЦИАН database, the number of urgent house sale announcements has reached 12.5 thousand.

Moscow and Petersburg

Such announcements were made mostly in the cities of Krasnodar, Moscow region, Moscow and St. Petersburg.

Those who are trying to sell their house as quickly as possible are ready to lower the price even below market prices.

News It is given at a discounted rate throughout the country prices It is 5.1 percent.

The most favorable prices in Makhachkala (13 percent) and Vladivostok (10 percentage) offer is being

The maximum discount for Muscovites is 3.2 percent of the price.

Two waves, two motives

Head of “Cian.Analitiki” website Alexey Popov also connects the agitation in the real estate market with migration processes.

After Russia’s attack on Ukraine, the number of people who want to leave the country has increased sharply.

Although some of them want to leave the country because of its anti-war stance, others want to leave Russia because of the strengthening of repressions against dissenters.

The mass exit of Russians from the country took place in two waves.

The first wave began after Russia’s attack on Ukraine on February 24.

The second wave was prompted by the partial mobilization decree signed by Vladimir Putin on September 18.

Although there is no exact information about the scale of migration from the country, it is estimated that 300,000 Russians left Russia in the first wave, and up to 1 million in the second wave.

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