High inflation rates of the Russian ruble, subsequent to the COVID-19 expansion and the cruide oil price drop, promoted a high demand on residential real estate. As a result, an increase in housing prices was recorded in most major cities of the country. After a 1.5 percent growth in March 2020, Moscow led the list with the highest average price for residential real estate, measuring at 211.5 thousand Russian rubles per square meter.
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Average prices in the secondary residential real estate market after the coronavirus (COVID-19) outbreak in Russia as of March 2020, by major city
(in 1,000 Russian rubles per square meter)
Characteristic
Prices in thousand Russian rubles per square meter
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Kommersant. (March 23, 2020). Average prices in the secondary residential real estate market after the coronavirus (COVID-19) outbreak in Russia as of March 2020, by major city (in 1,000 Russian rubles per square meter) [Graph]. In Statista. Retrieved May 14, 2025, from https://www.statista.com/statistics/1105775/russia-average-housing-prices-after-covid-19/
Kommersant. "Average prices in the secondary residential real estate market after the coronavirus (COVID-19) outbreak in Russia as of March 2020, by major city (in 1,000 Russian rubles per square meter)." Chart. March 23, 2020. Statista. Accessed May 14, 2025. https://www.statista.com/statistics/1105775/russia-average-housing-prices-after-covid-19/
Kommersant. (2020). Average prices in the secondary residential real estate market after the coronavirus (COVID-19) outbreak in Russia as of March 2020, by major city (in 1,000 Russian rubles per square meter). Statista. Statista Inc.. Accessed: May 14, 2025. https://www.statista.com/statistics/1105775/russia-average-housing-prices-after-covid-19/
Kommersant. "Average Prices in The Secondary Residential Real Estate Market after The Coronavirus (Covid-19) Outbreak in Russia as of March 2020, by Major City (in 1,000 Russian Rubles per Square Meter)." Statista, Statista Inc., 23 Mar 2020, https://www.statista.com/statistics/1105775/russia-average-housing-prices-after-covid-19/
Kommersant, Average prices in the secondary residential real estate market after the coronavirus (COVID-19) outbreak in Russia as of March 2020, by major city (in 1,000 Russian rubles per square meter) Statista, https://www.statista.com/statistics/1105775/russia-average-housing-prices-after-covid-19/ (last visited May 14, 2025)
Average prices in the secondary residential real estate market after the coronavirus (COVID-19) outbreak in Russia as of March 2020, by major city (in 1,000 Russian rubles per square meter) [Graph], Kommersant, March 23, 2020. [Online]. Available: https://www.statista.com/statistics/1105775/russia-average-housing-prices-after-covid-19/
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