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In Russia, the set standard cost per square meter

January 14 2009

Ministry of Regional Development of Russia set a standard cost per square meter of housing and its fair market value for the first quarter of the year. In Moscow, according to official figures, housing is cheaper than at the end of 2008, up 4% and is 73.8 thousand rubles. per square. meter. Falling prices in St. Petersburg even more significant, and in the Moscow region the pace is much lower. Moreover, according to official estimates, for example, housing in the Leningrad region in 2009, even a little bit more expensive.

Indicator of the average market value per square meter of housing is used, including as the maximum price at which the state buys the house, and as standard for calculation of subsidies for those citizens who buy housing through housing certificates, reports RIA Novosti.

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