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HomeLatest NewsReduction of rental rates in two months reaches 26% - Rossiyskaya Gazeta

Reduction of rental rates in two months reaches 26% – Rossiyskaya Gazeta

Date: December 3, 2023 Time: 00:16:37

In spring, the number of flats offered for rent on the platform increased by 26% in March and another 8% in April. But then the volume of long-term job supply began to decline. And although in November the volume of supply increased by 22% compared to September, it was still less than in March.

Although, if we take individual cities, the situation is very different. So, in Sevastopol, the rental offer in November was 123% more than in March. In Sochi – 90%, in Moscow – 63.9%, in Kaliningrad – 54.5%, in St. Petersburg – 30%.

In Stavropol and Volgograd, the number of available apartments, on the contrary, fell by 30%. Supply reduced by about 20% in Omsk, Chelyabinsk, Voronezh, Perm, Ryazan.

The cost of long-term rental in the fall became more affordable against the background of a decrease in the solvency of the population. Owners were more likely to accept bargains and discounts.

Most of all, the rent for a couple of months fell in Moscow (-26.6%, from 75 to 55 thousand rubles), Sochi (-25%, to 30 thousand), Rostov-on-Don (-21.4% ), Kaliningrad (-15.2%) and Stavropol (-15%).

In some cities, rents have gone up, but not by much. So, in Ulyanovsk the tariff increased by 7.1% (from 14 to 15 thousand per month), in Volgograd by 6.25% (from 16 to 17 thousand), about 3% increase in price was in Saratov and Omsk.

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Hansen Taylor
Hansen Taylor
Hansen Taylor is a full-time editor for ePrimefeed covering sports and movie news.

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