The period of explosive price increase on the moscow real estate market is about to come to an end, the huge prices for apartments in the center of the city could fall, declared on Friday the russian banker Piotr Aven, as Reuters informs.
Prices for apartments and other types of properties increased anualy starting with 2000, in the context where the record price increase for petrol and the national demand fueled the longest period of economical growth for the last generation, according to NewsIn.
Thus, prices for apartments and other types of properties in center Moscow are getting close to those from London or New York.
Still, tbe global financial crisis has blocked the international loaning marjets for national developpers and has lead to the loss of trust in the assets of russian companies.
08/04/2010 March has brought an unexpected increase in the level of average prices for old properties in the Capital City, and also in other large cities, according the the monitoring reports of one of the most important websites that specialize in this profile. Though statistically real, acoording to real-estate analysts, this increase has no relevance.
07/04/2010 The world’s tallest building, Dubai’s Burj Khalifa, has been re-opened for the public after 2 months since several visitors were jammed in the elevator at floor #124.
01/04/2010 An ecological house conserves or deposits more resources than it consumes, these being then reused in the surrounding environment. At the opposite pole, the standard house consumes more energy and is less resistant to earthquakes.
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