Housing prices in Russia will continue to rise gradually through the end of 2026 without any sharp surges, real estate executive Anatoly Sokoltsov said.
Speaking to news outlet NEWS.ru, the business director of classified listing platform Move.ru explained that developers are continuing to execute projects that were prepared long before consumer demand weakened and launched during the first half of the year.
Sokoltsov noted that other housebuilders have already secured construction permits and cannot pull back from planned launches without incurring financial losses. In the real estate sector, obtaining regulatory permits involves substantial financial commitments, making it difficult for developers to halt projects once approval is granted.
Because there are no indications of overproduction in the market, a sudden drop in residential property values will not occur, Sokoltsov said. At the same time, he pointed out that conditions for rapid market growth are also absent, meaning prices will follow a smooth rather than steep upward trajectory.
Market segments and supply
The market trajectory is expected to play out across different property tiers. Sokoltsov said developers in the comfort segment, where sales have dropped most noticeably, may concentrate their efforts on the most liquid housing units. As those prime properties are bought up, prices for the remaining available lots could increase.
Price growth is also possible in the business and premium segments. In the Russian housing market, residential property is typically categorized into distinct classes. Comfort-class housing represents mass-market developments aimed at middle-income buyers, while business and premium tiers offer higher-end amenities and larger living spaces.
Move.ru operates as one of Russia's primary digital real estate classified platforms, providing property listings, price tracking, and market analytics for residential and commercial developments across the nation.
Regional rental forecasts
The forecast for purchase prices follows earlier projections regarding the residential rental market in areas surrounding the national capital. Industry experts previously predicted a sharp surge in rental apartment rates near new metro stations in the Moscow region, known locally as Podmoskovye.
Rental rates in those suburban locations could rise by between 10 percent and 30 percent. Podmoskovye encompasses the vast metropolitan region encircling Moscow, where major transit extensions regularly boost demand for rental properties among commuters traveling into the city center.
