Russian residential real estate 2020–2022 bubble
As a reaction firstly to the COVID-19 pandemic in 2020 and then to the Russian invasion of Ukraine, prices of residential real estate in Russia increased rapidly: comparing the last quarter of 2019 with the 2nd quarter of 2022 the average increase in the entire economy amounted to 56.57%[1] while the inflation for the same period amounted to 27.17%[2] which means increasing 23.15% above inflation during 1.5 years.
_from_2012_to_the_first_half_of_2022_(2).png)
_from_2012_to_the_first_half_of_2022_(2).png)
References
- ^ "ЕМИСС". fedstat.ru. Retrieved 2022-11-09.
- ^ "Калькуляторы уровня инфляции". xn----ctbjnaatncev9av3a8f8b.xn--p1ai. Retrieved 2022-11-09.