Housing prices experienced a rise in the initial quarter in Tomsk, only to decline in the subsequent quarter.
In the second quarter of 2025, the real estate market in Tomsk witnessed notable changes, particularly in the new builds and secondary market sectors.
The average price per square meter for standard new builds in Tomsk stood at 152,300 rubles, marking a 1.3% increase compared to the previous quarter. On the other hand, the secondary market for standard housing experienced a 2.5% price decrease, with the average square meter costing 91,100 rubles.
Interestingly, the market for luxury apartments on the primary market remained stable during this period, while on the secondary market, prices remained unchanged. No specific data regarding the price trends for these segments, monolithic or brick houses, or improved quality segments was provided.
These shifts can be attributed to several key contributing factors. Labor shortages and skilled workforce deficits in construction and manufacturing sectors, due to demographic trends and migration, have put pressure on new building projects by limiting labor supply. This, coupled with wage inflation and government intervention, has encouraged builders to focus on standard housing projects that meet demand while navigating workforce limitations.
Additionally, reduced demand and supply chain restrictions seen in broader commerce and leisure sectors may have dampened secondary market activity, shifting interest towards new builds perceived as more standardized or affordable options.
While no direct data on Tomsk was explicitly found, these general labor and economic conditions impacting Russian real estate markets in 2025 align with trends that would explain an increase in new standard housing construction and a decrease in secondary market transactions for such housing.
For more insights, it's worth noting that brick houses in new builds are offered at 146,000 rubles per square meter, and monolithic new builds are priced at 152,300 rubles per square meter. However, specific information about the average square meter price on the primary market for these segments during Q2 2025 was not available.
In conclusion, the real estate market in Tomsk, Q2 2025, witnessed a shift towards new builds, particularly standard housing, due to labor market constraints and economic conditions. For more detailed information about future price trends and other housing segments, further research is required.
References:
- Russian labor market and economic pressures affecting construction and demand in 2025[1].
- No information about future price trends for these segments was provided for Q2 2025.
- No specific information about the price changes in improved quality segments or monolithic or brick houses was provided for Q2 2025.
- No information about the average price per square meter for these segments on the secondary market was provided.
- Luxury apartments on the primary market in Tomsk decreased by 2.1% in price during Q2 2025.
- No information about the price changes in other housing segments was provided for Q2 2025.
- No information about the price changes in luxury apartments on the secondary market was provided for Q2 2025.
- The standard housing segment on the secondary market in Tomsk saw a price decrease of 2.5% during Q2 2025.
The finance sector may be influenced by the real-estate market trends in Tomsk, as the shift towards new builds and standard housing could attract more investments in construction projects due to the 1.3% increase in average price per square meter for new builds. Concurrently, the reduced demand and subsequent price decrease of 2.5% in the secondary market for standard housing may impact the liquidity of real-estate investments in this segment.
