The Stunning Tumble: Russia’s Property Market Plummets
Real estate prices in Moscow and St. Petersburg have plunged by over 2 million roubles since 2022, undergoing a 12-month decline. Developers are offering discounts of up to 30% on properties, yet struggle to attract buyers amid economic instability. In regions like Sochi, Anapa, and Sevastopol, price drops are driven by panic selling and economic … Читати далі