Properties in Russia will be with 9% more expensive in 2008

Actual prices of the residential properties in Russia in 2008 will increase by 9% compared to the levels from the last year. This is the opinion of the president of fond “Institute of City Economics” Nadejhda Kosareva, quoted by RIA News.

According to the president of fond “Institute of City Economics” Nadejhda Kosareva actual fall of prices of the lodgings is not prognosticated. The growth of prices in 2008 will be 9% compared to the previous year and in 2010 – 5% compared to the year before. The prognosis of Kosareva are extended until year 2015. She considers at that time the inflation of the lodging prices will be 1.5% per annum.
20 May 2008
<<prev next>>
 
Thank you for taking the time to visit our site!