In 2020, in St. Petersburg, developers brought to the market by 24% of the "squares" less than in 2019. The market was replenished only by 2.65 million new square meters. meters. We learned from experts, because of what it happened and whether to "inflate" the construction site now.
The situation with the transition to Eskrow was obvious to reduce the output of the "squares", Dmitry Shchechelsky, President of the St. Petersburg Real Estate Chamber, General Director of Benua, believes.
"The developers spoke about the upcoming decline in the input volumes in December 2019. It is also worth considering that free land under the residential building in St. Petersburg ends, and time is needed for the development of a "gray belt". The real estate market will feel this "drawdown" in 2022-23. Naturally a decrease in supply in stable demand leads to an increase in real estate prices. In terms of reasoning about the need to further increase the volume of construction, it is worth remembering that housing in St. Petersburg not only arrives at the expense of new buildings, but also decreases: the city will settle down communes (in 2020, about 4 thousand apartments are settleled), there is a resettlement of emergency and dilapidated housing, The Renovation program of Khrushchev works, "the expert says.
"For St. Petersburg, 2.65 million" squares "is a fairly low digit. In recent years, the planned indicators in St. Petersburg averaged the average of 3.5 million square meters per year. In my opinion, the decrease in the amount of input housing is associated with several factors. First, recently, the demand has shifted from the mass market objects towards comfort and business classes - these apricor LCD is less than the area than mass construction. The second factor would be called a pandemic, which in one degree or another indirectly influenced the real estate market and the speed of construction of objects, "comments Dmitry Rubin, President of the ARSPB and Lo
As an expert believes, now the market needs regulation. In the past six months, demand prevailed in the secondary market, both by investors and from the buyers of housing "for themselves." "I think the decline in construction pace will help stabilize the market," Rubin believes.
"That's right: on the current prices, they may not buy, even taking into account the inexpensive mortgage," Dmitry Sinkin agrees, the NSP chef. - Developers will not take risks, careful tactics will continue. Demand and supply in St. Petersburg will be regulated by large projects on the outskirts - Pargolovo, for example, and on the borders with the area - Novosaratovka. "
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