The best in the world

  • Home
  • Technics
  • Finance
  • Ratings
  • Cars
  • Movie
  • People
  • Home
    • Technics
    • Finance
    • Ratings
    • Cars
    • Movie
    • People

Home Information and News

Moscow is at the bottom of the world elite property value rating

Share
Pin
Tweet
Send
Share
Send

Moscow is slowly slipping into the lowest ranks in the world ranking, reflecting rising housing prices of premium class. According to the results of the 3rd quarter of 2014, the 30th position of the rating was given to the Russian capital, as a result of which it demonstrates negative growth dynamics for the year in the amount of 3.7%. Peter was even lower — on two lines — where the annual dynamics indicator was 8.7% with a minus sign.

Such information is provided in Elite Class World Real Estate Index (Prime Global Cities Index) for the 3rd quarter of the year prepared by Knight Frank. In total, the Index monitors the price dynamics in premium housing markets of thirty-three cities in the world.

According to the latest research, over the year Moscow “passed” 10 points in the Index. According to the results of the six months of 2014, she was in twenty-fourth place in this rating (with an increase of 0.9%), and St. Petersburg - in 22nd place (with an increase of 2.3%). Last year, the capital of Russia occupied the 20th line altogether.

In the quarter of 2013, she was among the nine cities in Europe - participants in the popular rating, and she was in fourth place, slightly inferior to London, St. Petersburg and Monaco. The results of the third quarter of this year moved her to ninth place, Peter - 11 (he completes the list of European cities in the Index).

According to the premium real estate agency Contact Real Estate, in comparison with the third quarter of last year, the supply volume in this segment in Moscow increased by 14.8% and by more than 7% compared to the previous quarter.

At the same time, the average cost of a “square” has now decreased by 3% compared to the summer period (amounting to $ 18,218), which is due to a drop in the ruble exchange rate. Experts say that this is not an indicator of a decline in the prices of elite housing, but rather just some adjustment, accompanied by a limited supply in this segment of the housing market. In 2015, according to Andrei Solovyov, director of the elite residential real estate department at Knight Frank, the capital of Russia and St. Petersburg will retain their own positions at the bottom of the ranking.

Along with Russian cities, Geneva and Singapore close the ranking of the price dynamics of luxury housing. In contrast, Jakarta, Los Angeles and Tel Aviv have the highest growth rates for premium housing.

Speaking on average, Knight frank reports that prices in the cities participating in the rating for the year increased by 4 percent. Compared with the 2nd quarter of this year, the price increase amounted to about 0.2%.

Share
Pin
Tweet
Send
Share
Send

Watch the video: What is Eurasia? - Stephen Kotkin (June 2025).

Similar Articles

10 most famous haunted castles
Ratings

10 most famous haunted castles

2020
The Dumbest Guinness World Records
People

The Dumbest Guinness World Records

2020
The biggest fish in the world: top 10
Nature

The biggest fish in the world: top 10

2020

Leave Your Comment

Recommended

The best push-button phones of 2018, rating

The best push-button phones of 2018, rating

2020
The most popular features of the Gosuslug portal

The most popular features of the Gosuslug portal

2020
Top 5 promising investment areas in 2019, Unitrust Capital

Top 5 promising investment areas in 2019, Unitrust Capital

2020
12 best services and applications for learning English

12 best services and applications for learning English

2020

Popular Categories

  • Cities and countries
  • Sport
  • Information and News
  • Cars
  • Books
  • Medicine
  • Technology Reviews and Tests
  • The most in the world
  • Articles
  • Games

Recent

The longest rivers of Russia

Top 5 best hotels in Stavropol

Top 10 most inhospitable cities in the world

Top 10 Cases When Toys Saved Human Life

10 richest women in Russia 2019, Forbes rating

Top 10 most devastating disasters in the last 20 years

Actual

10 most fabulous cities in the world
Cities and countries

10 most fabulous cities in the world

2020

Some cities in the world look as if they came from the pages of a collection of fairy tales or a catalog of children's toys. Before that they are beautiful, clean, elegant. And if you plan to spend your holidays in a cozy, small, and most importantly, beautiful city, we are happy to help with a choice. Introducing the top 10 most fabulous cities ...

Jokowi supporters try to prevent anti-Jokowi activist from entering Batam

Reliability Insurance MTPL Rating 2020

2020
Jokowi supporters try to prevent anti-Jokowi activist from entering Batam

10 exotic animals for home keeping

2020
Jokowi supporters try to prevent anti-Jokowi activist from entering Batam

The best push-button phones of 2018, rating

2020
Jokowi supporters try to prevent anti-Jokowi activist from entering Batam

2019 Global Global Threat Rating, Bloomberg

2020

The best in the world

The best in the world.

Recent

  • Top 5 best board games of 2015
  • 10 highest paid football coaches in the world
  • Men's fashion 2020: 10 rules when choosing clothes

Popular Categories

  • Cars
  • Cities and countries
  • Food and drink

© 2025 https://efuc.org

  • Technics
  • Books
  • Articles
  • Information and News
  • Nature
  • Tourism
  • Cities and countries
  • Coronavirus
  • Favorite
  • Sport

© 2025 https://efuc.org