Russia: Sales of new buildings fell by 1.5 times after the tightening of family mortgage conditions
In February, developers sold 1.6 million square meters of apartments, according to “Dom.RF”. This is 1.5 times less than in January. In monetary terms, the drop is more modest: revenue amounted to 333 billion rubles – 34% less than a month earlier. In annual terms, the decline was 13% in terms of area and 11%…
