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Russia (National) House Price Index: New and Existing Residential Dwellings, Average Price per Square Meter in RUB
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 | 22.11% | -4.17% | 0.20% | -1.32% |
2023 | 6.67% | -4.23% | 2.01% | 2.50% |
2022 | 4.87% | 0.46% | 4.97% | 0.07% |
2021 | 3.00% | 4.89% | 3.70% | 3.16% |
2020 | 8.82% | 2.56% | 3.16% | 2.57% |
2019 | -3.89% | 0.61% | 1.94% | 1.60% |
2018 | 2.58% | 0.79% | 0.85% | 0.36% |
2017 | 4.46% | -0.64% | -0.11% | 0.36% |
2016 | 1.77% | -1.52% | -1.12% | -1.32% |
2015 | -3.02% | -2.34% | -2.33% |
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 |
2024 | 15.71% | 26.73% |
2023 | 6.81% | 14.74% |
2022 | 10.67% | 23.69% |
2021 | 15.59% | 25.20% |
2020 | 18.09% | 23.33% |
2019 | 0.15% | 3.60% |
2018 | 4.64% | 8.70% |
2017 | 4.06% | 6.75% |
2016 | -2.20% | 3.41% |
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.