House prices fall in Moscow

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Uploaded by on Feb 25, 2009

House prices in Moscow this month have suffered their biggest ever fall according to a new report. Average list rates slumped 5% in a fortnight, with estate agents adding much more can come off in negotiations.

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  • price fixing is suicide.

  • Moscow RE is in state of stagflation more than 1.5 years , it is a denial stage for speculators

    rude awakening is coming soon .

    these small rat houses worth 20 to 50 K at the most not 200 K- million JADNOST FRAIERA SGYBELA !!!

  • how will it push prices up if salaries stay the same ? where people are going to find money to pay these exuberant prices . Moscow prices will go down for a very long time .

    Government needs to increase tax rate for speculators .They must unless they want to destroy Russia as USA was destroyed .

  • the prices no one can afford fall? it sounds horrible

    ;)

  • Just let the prices fall. The sooner you let this happen the sooner it'll correct itself.

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