Russian Federation - House Price Value for New Homes





Russian Federation: House Price Value for New Homes

Mnemonic HPLN.IRUS
Unit RUB per m², NSA
Adjustments Not Seasonally Adjusted
Quarterly 1.82 %
Data 2019 Q1 60,705
2018 Q4 61,831

Series Information

Source Federal State Statistics Service (Rosstat)
Release Real Estate Prices by Regions
Frequency Quarterly
Start Date 3/31/2000
End Date 3/31/2019

Russian Federation: Real Estate

Reference Last Previous Units Frequency
House Price Index for Existing Homes 2019 Q1 101.1 101.81 Index prv. qt.=100, NSA Quarterly
House Price Index for New Homes 2019 Q1 102.31 101.44 Index prv. qt.=100, NSA Quarterly
House Price Value for Existing Homes 2019 Q1 57,004 54,923 RUB per m², NSA Quarterly
House Price Value for New Homes 2019 Q1 60,705 61,831 RUB per m², NSA Quarterly
Dwelling Stocks 2017 25.2 24.9 m², EOP Annual

Release Information

For Russia, areal apartment prices (rubles per square meter); for new and existing properties; for the nation, okrugs and oblasts; quarterly from 2000.

The source's terminology of "primary/secondary market" is synonymous with "new/existing" or "new/resale."

The source writes (citation):

The observation is being carried out for selected organisations involved in the real estate business in territorial centers and big cities of the constituent entities of the Russian Federation. When registering prices for dwellings their quantity and quality characteristics and location in the city are taken into account. Average prices for the Russian Federation are computed on the basis of average prices for territories. Data on the number of flats commissioned in the previous year and the resident population at the beginning of the reference year are used as weight factors.