Russian residential real estate 2020–2022 bubble
As a reaction firstly on COVID-19 pandemic in 2020 and next on invasion on Ukraine, prices on residential real estate in Russia increased rapidly: comparing the last quarter of 2019 with the 2-th quarter of 2022 the average increase in the entire economy amounted to 56.57%[1] while the inflation for the same period amounted to 27.17%[2] which means increasing in 23.15% above inflation during 1.5 years.
![](http://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/Quarter_to_quarter_change_%28in_percent%29_from_2012_to_the_first_half_of_2022_%282%29.png/798px-Quarter_to_quarter_change_%28in_percent%29_from_2012_to_the_first_half_of_2022_%282%29.png)
![](http://upload.wikimedia.org/wikipedia/commons/thumb/5/52/Average_prices_within_the_economy_%28for_square_meter%2C_in_Russian_roubles%29_from_2012_to_the_first_half_of_2022_%282%29.png/814px-Average_prices_within_the_economy_%28for_square_meter%2C_in_Russian_roubles%29_from_2012_to_the_first_half_of_2022_%282%29.png)
References[edit]
- ^ "ЕМИСС". fedstat.ru. Retrieved 2022-11-09.
- ^ "Калькуляторы уровня инфляции". xn----ctbjnaatncev9av3a8f8b.xn--p1ai. Retrieved 2022-11-09.