On the whole we can say that the anticipated construction plans are fulfilled even if the initial plans had to be changed. Throughout 2009, the supply of residential space in Moscow remained at a high level but the best properties in all the segments were quickly sold out. At the same time supply substantially exceeded active demand. The price dynamics in Moscow showed different trends: the prices declined early last year and bottomed out in the second half of the year.
Throughout 2009, the elite real estate market activity remained low. At the same time the elite rental market showed relative stability despite the crisis influence.
The overall supply structure of the countryside residential real estate market of Moscow Region underwent serious changes in 2009 as a huge number of economy class projects offering land plots without building contracts came into the market. In the wholesale land market of Moscow Region the number of land plots put for open sale grew substantially.
Summary.............................................................................................................................................3
Residential real estate. Russia. Moscow region. Residential construction..........................................................5
Residential real estate. Moscow. Residential construction. Projects and Programs.............................................6
Residential real estate. Moscow...............................................................................................................7
Residential real estate. Elite segment. Moscow. Sale.................................................................................10
Residential real estate. Elite segment. Moscow. Rent................................................................................13
Countryside. Land market.........................................................................................................................18