
At the end of the summer of 2026, the demand for luxury new buildings in Moscow decreased by 17.2% year-on-year, the number of transactions amounted to 453, sales volume decreased by 24.5% to 56.6 billion rubles, and the cost per square meter increased by almost 2% to 1.4 million rubles, according to a study by the Intermark City Real Estate agency.
AI-generated summary
The Intermark City Real Estate agency conducted a study of the luxury housing market in Moscow for the summer of 2026, analyzing demand, the number of transactions and sales volume.
At the end of the summer of 2026, demand for luxury new buildings in Moscow decreased by 17.2 percent year on year. This is stated in a study by the Intermark City Real Estate agency, RIA Novosti reports.
The total number of transactions in the elite, premium and deluxe segments amounted to 453. Sales volume also decreased - by 24.5 percent, to 56.6 billion rubles. At the same time, the cost per square meter increased by almost two percent, to 1.4 million rubles. The number of lots sold decreased the least in the premium segment (minus 5.3 percent).
Experts clarified that it is impossible to talk about a serious cooling of the market, since part of the demand was redistributed to residential complexes commissioned in 2025-2026. “If we attributed such purchases to apartments in luxury new buildings on the primary market, we would see that demand showed a drop not by 17 percent, but only by 10 percent,” explained managing partner of the agency Dmitry Khalin.

If a property management company loses its license, its responsibilities for maintaining the home remain until a successor is appointed. Owners are given two months to choose a new management company, otherwise the municipality will appoint a temporary one. State Duma deputy Nikita Chaplin told the NEWS.ru portal about this.

Head of the Smart Home department Albina Sakaeva warned of a possible increase in the cost of home repairs in 2027 by 5–20%. The expert points out that the main reason for rising prices is the shortage of qualified workers, the cost of whose services is growing faster than the prices of building materials.

Kazan has become a leader among cities with a population of over a million in terms of the difficulty of purchasing housing with a family mortgage due to strict limits. The share of suitable apartments there does not exceed one percent. The most difficult places are also in Nizhny Novgorod, Ufa and Moscow.

To save for a down payment on a mortgage for a one-room apartment in a new building, residents of St. Petersburg need 23 average salaries, which is the highest among Russian cities with a million population.

Over the past two years, the volume of residential space in houses under the renovation program in Moscow has increased by 20 percent due to optimization of projects. This allows the city to save about 100 billion rubles annually.

Over the past 20 years, renting a one-room apartment in Moscow has become more than 40 percent more affordable: the share of housing costs in the family budget has decreased from 43-73% to 23-43%, despite a threefold increase in the nominal cost of rent, income has increased five to six times.