Housing construction in Russia fell by 1.6% in July after rising by 9.1% in June
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In January-July 2023, 60 million 003.9 thousand square meters were commissioned in Russia. m of the total area of residential premises, which is 1% less compared to the same period in 2022. In July, the volume of commissioned housing amounted to 7 million 883.5 thousand square meters. m, which is 1.6% less than in July 2022, follows from data Rosstat. In June 2023, housing construction increased by 9.1% compared to the same period last year, then 8 million 884.5 thousand square meters were commissioned. m of housing.
In January-June, it was put into operation handed over 52.1 million sq. m, which is 0.9% less than in the first half of 2022 (52.6 million sq. m). After a sharp increase in commissioning volumes in January, monthly housing commissioning rates in Russia went into the “negative zone”, returning to growth in May.
In 2022 in Russia was introduced 102.7 million sq. m of housing, which is a record and exceeds the figures for 2021 by 11%.
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