 Russians leave Crimea. Due to the war in Ukraine, the Russians began to leave Crimea. After Moscow announced an annexed Ukraine's Crimean Peninsula in 2014, Russians began actively buying property there. However, since Russia launched a full-scale war against Ukraine at the end of February 2022, this trend has weakened and real estate prices have fallen by 72% in a year. After a part of the Crimean Bridge was destroyed in October and the port city of Kursan was liberated by Ukrainian forces a month later, property sales on the peninsula almost stopped. Since the occupation of Crimea, up to 800,000 Russians have moved to Crimea permanently. Some of them bought apartments and houses to spend vacations there or to rent. Last June, the price of real estate in Crimea fell by 72% compared to a year ago. This is reported by IDEM Consulting Company. According to the calculation of Restate Digital Platform, the average price of new buildings in Sevastopol in May was 207,300 rubles or $2,885 per square meter, but in December it fell to $147,500 or $2,055. This means a 29% decrease in six months. In general, in 2022, a 10% decrease in house prices was recorded in Crimea. The war in Ukraine is expected to worsen the situation. Ilya Petruyev, partner of analytical corporate group Real Estate Marketing Research Company, says this. According to Petruyev, as a result of Ukraine's drone attacks on Crimea, sabotage and air defense activities, many people do not want to invest in the area close to the war zone. On the other hand, due to the increasingly uncertain situation in Crimea, many Russians are trying to leave the local real estate market at any cost.