Moscow real estate values are rising
Global real estate and investment company CBRE Group released a report on Moscow’s real estate costs on Thursday. According to a report published by CBRE, Moscow real estate values increased more than the highest real estate values of the world last year.
Moscow’s real estate values recorded a growth rate of 8.9 percent last year. Moscow ranks sixth in the world in the CBRE’s Global Living report, 10.2% in Madrid and 9.1% in Paris.
Maria Litinetskaya told Friday’s Vedomosti that demand and inflation pushed Moscow to rank.
According to the report published by CBRE, the rapid growth of the Russian capital’s housing prices is due to the low unemployment rate and advantageous credit conditions.
The report was at the top of the list in Barcelona. Barcelona followed by Shanghai and Dublin.
Prime houses were among the most expensive of Moscow. In addition to the $ 6.8 million property price, Hong Kong was also in the top spot with an average real estate price of $ 1.2 million.
Sevdenur Demir / [email protected]