Housing prices to rapidly increase in Minsk :: Charter'97 :: News

According to the Realt.by center, in January 2007 prices for the Minsk real estate at the secondary market of real estate increased by 10.8%. Within a month an average apartment offer in Minsk rose by USD 131 and amounted to USD1345 / sq. m.

In comparison to the previous month the offered volume decreased from 2745 to 2280 apartments.

In January prices for one-room and two-room apartments grew most rapidly. Within a month prices for one- and two-room apartments grew by 13.6% and 13.3%, respectively, and three- and four-room apartments- by 7.7% and 7.8 %, respectively.

The most expensive average offers are in the Tsentralni (USD1786) and Savetski (USD 1786). The cheapest average offers are in Zavadsky (USD 1190) and Kastrichnitsky (USD 1300) districts. Offers in other districts of the city fluctuate at the level of USD 1345/sq.m.

The greatest price hike for apartments was in the Tsentralni (+ 12%) and Pershamaiski (+11%) districts.

Newly built apartments are offered at commercial prices of USD 1000-2000 per square meter. Average offer of shared- built blocks of flats in Minsk amounts to USD 1300 /sq.m.