Summer 2009 was an active period for the real estate asset market in Europe, said in an analytical review of the company Tweed.

By late summer, the average price in the elite new real estate amounted to $ 17.516 per thousand meters, which is 2% higher than at the beginning of 2 quarters of 2009 and the average price of 1 square. meter luxury housing with registration of ownership (second home) – $ 23,12 thousand

Correction in prices is mainly related to changes in the number of sold objects. The level of discounts on the primary housing is about 10-15% of the declared price on the secondary – 10% mark in the Tweed.

Most elite objects that were sold with good discounts, left the market. By the end of summer 2009 the proposal fell. The main reason is that the objects of unfinished construction is not popular, demand is almost completely shifted to the shelter with registration of ownership, or housing in the final stages of completion.

In the future, this situation will not change, because of good, quality proposals, there remains little, but new projects are temporarily suspended, or not generating interest among buyers, said the materials Tweed.

According to analysts, the fall-winter 2009 will be a watershed year for residential real estate in Moscow, that is, prices for apartments will rise, and the market begins to take on activity comparable to pre-crisis period. Real estate asset is a “beg deal” today.