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Average primary housing prices in Russia 2019-2020, by major city

A significant reduction in interest rates in Russia over the second half on 2020, contributed to the mortgage volume growth in the country. Consequently, an increased demand was reflected on housing prices as well. That is, in November 2020 prices of the primary residential real estate in major Russian cities were recorded higher compared to the the prices in November of 2019, with the capital remaining as an irreplaceable leader with the highest prices per square meter countrywide.

Average prices in the primary housing market of major Russian cities in November 2019 and November 2020

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Release date

November 2020



Survey time period

November 2019 and November 2020

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