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House prices in Russia: average price per sqm (Russian Ruble) (2000=100)
Russia
Source: Federal State Statistics Service
House prices in Russia, % change 1 yr
Nominal and inflation-adjusted ('real')
Russia
Source: Federal State Statistics Service
Quarterly change in house prices, inflation-adjusted
Q1 | Q2 | Q3 | Q4 | |
2024 | 13.67% | -4.50% | ||
2023 | -1.08% | -3.94% | 0.33% | 0.83% |
2022 | 11.32% | -3.80% | 1.97% | 0.70% |
2021 | -0.53% | 2.31% | 2.08% | 2.17% |
2020 | 3.16% | -0.20% | 2.70% | 3.21% |
2019 | 1.61% | -0.41% | 1.69% | 0.11% |
2018 | 0.65% | -0.29% | -0.08% | 0.72% |
2017 | -2.96% | -1.44% | -1.07% | -0.09% |
2016 | -3.92% | -2.30% | -2.02% | -1.39% |
2015 | -6.50% | -2.91% | -3.27% | -3.60% |
2014 | -2.86% | -1.34% | -0.71% | -1.37% |
2013 | -3.56% | -0.46% | -1.03% | -0.89% |
2012 | 6.13% | 1.30% | 0.52% | 1.48% |
2011 | -26.12% | -0.40% | 0.87% | 1.54% |
2010 | 8.50% | -1.11% | -1.02% | -1.21% |
2009 | -2.28% | -7.26% | -3.75% | -1.69% |
2008 | 5.71% | 0.95% | 2.03% | -3.38% |
2007 | 10.68% | 1.28% | 1.78% | 1.44% |
2006 | 10.81% | 7.65% | 13.21% | 12.17% |
2005 | 3.95% | -0.26% | 2.79% | 4.23% |
2004 | 7.48% | 2.94% | 2.50% | 1.39% |
2003 | 1.87% | -0.14% | 2.99% | 2.50% |
2002 | 2.01% | 3.34% | 3.49% | 1.53% |
2001 | 3.88% | 0.17% | 4.90% | 6.27% |
2000 | -2.87% | -2.61% | 2.87% |
This table shows the change in house prices during a single quarter, adjusted for inflation.
Adjusting house price rises (or declines) for inflation produces a more accurate picture of the change in value of housing than the usual nominal figures cited in the newspapers.
Yearly change in house prices, nominal and inflation-adjusted
Year | Inflation Adjusted | Nominal Change |
2023 | -3.88% | 3.24% |
2022 | 9.96% | 23.05% |
2021 | 6.13% | 14.95% |
2020 | 9.14% | 13.98% |
2019 | 3.01% | 6.56% |
2018 | 0.99% | 4.92% |
2017 | -5.47% | -3.03% |
2016 | -9.29% | -4.09% |
2015 | -15.35% | -3.10% |
2014 | -6.14% | 2.84% |
2013 | -5.83% | 0.19% |
2012 | 9.68% | 16.85% |
2011 | -24.63% | -19.59% |
2010 | 4.92% | 13.43% |
2009 | -14.25% | -6.37% |
2008 | 5.20% | 19.68% |
2007 | 15.73% | 28.92% |
2006 | 51.47% | 65.19% |
2005 | 11.08% | 23.62% |
2004 | 14.98% | 28.38% |
2003 | 7.38% | 20.86% |
2002 | 10.76% | 27.38% |
2001 | 16.00% | 37.67% |
The yearly changes table looks at the last quarter's/month's index values for a given year and compares it with the same quarter/month of the previous year to gauge the change in house prices during that given year.