There was a panic in the market for the purchase and sale of housing about a sudden reduction in the ruble exchange rate. And this is understandable, because they were forced to suspend or stop a series of real estate transactions in the elite sphere, focusing only on prices in currency. And sellers of economy class, on the contrary, hold their savings, investing in housing. Recall that the ruble exchange rate from the second half of May decreased by 10%. People, afraid to lose their savings, strive to invest them in real estate, namely, in economy class apartments. Meanwhile, sellers, taking advantage of the situation, overstate prices, explaining this by a decrease in the ruble exchange rate. It is clear why people-buyers want to fix prices in currency, but as the facts show, not all sellers agree to such transactions.
The last few weeks, demand in the housing market has increased by 35%, – Vladimir Voronin noted his observations. At the same time, most of the transactions were made within the low segment, ”said Andrei Birzhin, who is the partner of Tekta Group. Due to such instability in the world economy, people tend to bet more on their own expense than to hope for mortgage transactions. Naturally, the demand for this type of service is also noticeably weakened.
As already described above, a number of real estate transactions were stopped. As a result, people lose hundreds of thousands of dollars only due to the untimely conclusion of contracts. It is clear that panic in this state of affairs is inevitable. However, there are people who favorably consider this situation for themselves and buy real estate urgently. The cost of real estate in this case is negotiated between the seller and the buyer on mutually beneficial conditions.
What are the consequences of all participants in the real estate market? Alexey Shlenov, who holds the post of general director of Miel-Brokeridge, said that only in a few months it would be possible to judge the consequences of this provision.