In such a short time, more than 5,000 lots have entered the market… (рынок · элитный · москва)
In such a short time, more than 5,000 lots have entered the market, corresponding to the volume of offers released throughout 2023," according to the "Intermark Urban Real Estate" study. As of May, more than 50 sites were in various stages of preparation for the start of sales, and up to 20 of them may enter the market by the end of the year. "The sufficiency of the offer volume, its quality, and diversity are no longer determining factors for the growth of buyer activity."
Consensus
- Sales of luxury new residential properties in Moscow dropped by 27% in the first half of 2026 compared to the same period in 2025.
- A total of 650 luxury apartments and units were sold in the first half of 2026.
- The decline is linked to a decrease in buyer demand and a shift toward the secondary market.
- New luxury housing projects continued to be launched in the first half of 2026.
Points of divergence
- The level of sales was higher than in the first half of 2022 and 2023, when 500 and 430 units were sold respectively. — interfax
- The decline is attributed to the exhaustion of deferred demand from the previous year and increased buyer scrutiny of budgets and area. — kommersant
- Prices for new residential property reached a temporary peak, with average costs for luxury housing approaching 2.5 million rubles per square meter. — kommersant
- Secondary market transactions increased by 11% over the year. — kommersant
Coverage (2 sources)
- Sales of elite new developments in Moscow dropped by nearly 30% — Интерфакс
- Sales of elite new developments in Moscow dropped by nearly 30% — Коммерсантъ