The analyst told what should happen in order for real estate in the Russian Federation to fall sharply in price

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In order for real estate to fall sharply in price, some kind of catastrophe must come, Oleg Repchenko, head of the analytical center “Real Estate Market Indicators”, believes.

“I think real estate is very cheap in the Donbass now, but people are unlikely to be happy about this,” he said. According to the analyst, taking into account geopolitical risks, the development of the situation in the housing market can be any. “But in order for real estate to fall in price, very serious negative events must occur. For example, the beginning of hostilities. It is unlikely that in these conditions cheaper housing will please us. Rather, it will worry us the least of all, ”he said.

The most likely realistic scenario, according to Repchenko, assumes that apartments will not go up in price any further. “In the long term, most likely, prices will rise due to inflation. But in the next year, we are likely to see prices marking time or a slight downward correction at the level of bargaining and discounts – up to 10% – the agency’s interlocutor noted.

Source: Rosbalt

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