The pace of housing commissioning in the Russian Federation exceeds last year’s – Kommersant

Since the beginning of the year, 70 million sq. m. have been commissioned in Russia. m of housing, said Deputy Head of the Ministry of Construction Nikita Stasishin. According to him, the pace of commissioning is already higher than last year, when a record 102 million square meters were commissioned. m of housing.

“This year, as of September 1, 70 million square meters have been commissioned. m of housing, we were ahead of last year’s pace in 8 months,” the deputy minister said at the forum “Spatial Development and Demography in Russia” (quoted from RIA Novosti).

As Mr. Stasishin clarified, of the total housing volume, about 42 million square meters. m – commissioning of individual housing construction (IHC). The remaining 28 million sq. m – multi-apartment housing. In 2022, the commissioning of individual housing construction amounted to 57.5 million square meters. m.

“This year the volume of multi-apartment housing commissioning will be about 50 million square meters. m, maybe a little more. This has never happened,” added the deputy minister.

In August, the individual housing construction sector demonstrated its maximum growth for the year—the volume of private house commissioning amounted to 6.7 million sq. m. m. This is explained both by the end of the summer construction period and by the development of mortgages in this sector: the pace of loan issuance, with a low base last year, increased noticeably in 2023.

Details – in the material “Kommersant” “Private houses were upset by autumn”.

Laura Keffer