"Psychological factor": what can hinder the growth of the housing market in Tyumen

Representatives of the industry predict a positive trend According to developers, the cost of apartments in new buildingsinfluenced by many factors

On April 26, Deputy Prime Minister of the Russian Federation Marat Khusnullin announced a reduction in preferential mortgage rates for primary housing to 9% from May 1, 2022. Tyumen developers gave a forecast for the development of the real estate market.

A representative of the Enko developer told RBC Tyumen that the demand for housing is determined by several factors, but the rate cut "gives hope" for the strengthening of the market.

“Demand is determined not only by the rate, we should not forget such factors as the cost of housing, which is now quite high, if we compare it with the nominal incomes of the population, as well as the psychological factor, when there is no certainty about what will happen to the economy, what course, what about the key rate. All these factors at the moment are more important than the size of the bet.

But the decline itself speaks of a clear trend and a sincere desire and understanding of the authorities that the construction market remains the driver of the economy, that it will be supported. It cannot be ruled out that new assistance measures will be announced, ”the press service of the Enko developer told the publication.

The price of housing is also affected by the cost of materials. Brusnik RBC Tyumen reported that over the month, the materials used for fine finishing increased in price by 20%, for roughing - by 10%.

“The reasons are obvious - fluctuations in the exchange rate, an increase in the cost of logistics and raw materials,” explained the Brusnika company.

Ildar Khusainov, DIRECTOR of the federal real estate agency Etazhi, headquartered in Tyumen, believes that the change in mortgage rates is evidence of the strengthening of the industry.

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“If the volume of transactions does not level off, all this together suggests that the real estate sector has already passed the most difficult period, then the dynamics will be significantly positive,” said Ildar Khusainov.