Agricultural lands of the Moscow region for all the time of crisis have cheaper significantly. In 2009, the demand for wholesale lands fell so much that at this time if there were transactions, then only with highly liquid dodgers, and land plots of destination or left for a snapshot, or not sold at all. There have been cases when land plots in the suburbs Ten times sold cheaper costs. Most experts are confident that this market segment will be restored long enough.
The demand for large land plots in the suburbs (agricultural purposes) practically disappeared, the transactions for the sale of land were almost not accomplished during the year, speculators left the market. In addition, in the Moscow region experts, a sharp decline in the cost of wholesale lands was noted, which was approximately 28 percent. The land market of the Moscow region before the beginning of 2008 was 90 percent consisted of speculators, and only 10 percent were developers. According to experts, the fall in sales of land in the suburbs led to a sharp rise in prices. The actual prices of agricultural land decreased by about 70 percent, and official by 50 percent.
If we compare the pre-crisis and present prices on agricultural land plots in the suburbs (50km from Moscow and further), they decreased by about 5-10 times. In the near Moscow region (30 km from Moscow) at wholesale prices decreased twice. At the beginning of the crisis (autumn 2008), the number of wholesalers, which were exhibited in open sale, increased significantly. If the owners of land plots were some plans for their development, then after the start of the crisis, when there was a noticeable sharp reduction in demand, most projects were closed, and some landowners were forced to sell liquid land plots to close cash failures.
By entering the site of the sites where the construction of mega projects was planned, their volume increased significantly. The sale of land in retail for most suburban landowners has become one of the strategies of survival. They, without changing the category, began massively sell land plots without a contract for construction. Despite this situation sale of land in the suburbs On the Kiev highway almost left unchanged. But the wholesale sale of land in Novorizhsky and Simferopol destinations turned out to be the biggest. If we consider the wholesale market within a large and small wholesale, then the largest number of large-scale areas is in these directions.
Falling sales of land in the suburbs
Comments leave a comment
Start a discussion ...