Real prices kept falling in Moscow secondary housing market in January-February 2025

Nikita Fokin

21 march 2025

In January-February 2025, nominal prices in the secondary housing market in Moscow remained fairly stable with no explicit signs of growth over the year. Real prices kept declining over the past year. Relative to July 2023, real prices decreased by about 6%. A rather tight monetary policy aimed at stabilizing inflationary processes in Russia is likely to be a key factor in such dynamics.



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