The number of transactions in the secondary housing market in Moscow in April increased by 13% in comparison with March, reported in a press-service of management of rosreestra Moscow.
The Ministry clarified that last month there were 14875 cases of transfer of ownership of “second-hand” housing on the basis of contracts of purchase and sale. A month earlier it was recorded only 13130 contracts.
Management experts note that since the beginning of the year the number of transactions in the secondary housing market increased by a half. From January to April in the register was made more than 50 thousand records on the transfer of rights, which is a record figure for the last five years.
“The only time a similar number of transactions 58 thousand was recorded in 2014. Then on the background of unstable economic situation, residents of the capital considered the acquisition of real estate as one of the ways to save capital”, – said the head of the Department Igor Maydanov.
The same trend was observed for the same period a year earlier, when for the first four months of 2018, the number of transactions also increased by half.