Area input of residential premises in Russia increased by 7% in 2011

     The total area input of residential premises for the period from January to December 2011 amounted to more than 60 million square feet. m, almost 7% more than in the corresponding period of 2010.

The population in 2011 due to the gearing was built more than half of the total housing commissioned in January-December of this year.

In 2011, three quarters of commissioned housing in Russia accounted for the Central, Volga, Siberian and Southern Federal Districts. In the context of regions the largest share in 2011 won the Moscow region — more than 10% of the total built-up residential areas.

The average actual cost of 1 sq. km. of the total area homes, built in January-December 2011 amounted to more than 30 thousand rubles., with respect to the cost of construction index in 2010 rose by almost 4%. 

In 2008, despite the global crisis, supported by the positive trend of this indicator, although with significant declines in growth rates. Reduced input of residential real estate market has shown in the years 2009-2010.

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