Russians' Real Estate Investment Plans Shift: 33% Aim to Buy in Next Two Years
In Russia, real estate investment plans have shifted since April 2025. While 48% intended to invest in real estate, now only 33% plan to do so after saving up. However, 33% of Russians aged 18 and above still aim to buy real estate within the next two years.
Low interest rates on deposits and reduced mortgage rates have influenced high-income individuals to invest in real estate as a passive income source. Despite this, only 15% of Russians take bank loans for real estate purchases due to insufficient funds.
In Berlin, property prices have increased in several districts, indicating improved availability or desirability. Lichtenberg led with a 10% increase, followed by Prenzlauer Berg at 9%. Other districts like Schöneberg, Tiergarten, and Treptow saw increases ranging from 3% to 4%.
The perception of housing affordability has improved, with 36% of Russians considering it affordable, a 1.5 times increase from previous levels. This is attributed to reduced interest rates and extended family mortgages. However, real estate affordability has decreased in the Far Eastern, North Caucasian, and North Western Federal Districts. The Ural Federal District remains unchanged at 31%.
The real estate market's future depends on targeted advertising towards business-class housing buyers and attractive offers in this segment. Despite 68% of Russians believing the market is overvalued, low interest rates and mortgage rates stimulate investment in real estate.
Read also:
- Catastrophe at a U.S. Steel facility in Pennsylvania results in the loss of two lives. crucial details unveiled
- Manipulating Sympathy: Exploiting Victimhood for Personal Gain
- Prices remain a concern for the Germans
- Auto Industry Updates: Geotab, C2A, Deloitte, NOVOSENSE, Soracom, and Panasonic in Focus