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House prices in Russia: average price per sqm (Russian Ruble) (2000=100)

Russia

House prices in Russia.

Federal State Statistics Service publishes quarterly data on the average per sq. m. price of residential prices in Russia. The time-series started in 2000.

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

 Q1Q2Q3Q4
2023-1.08%
202211.32%-3.8%1.97%0.7%
2021-0.53%2.31%2.08%2.17%
20203.16%-0.2%2.7%3.21%
20191.61%-0.41%1.69%0.11%
20180.65%-0.29%-0.08%0.72%
2017-2.96%-1.44%-1.07%-0.09%
2016-3.92%-2.3%-2.02%-1.39%
2015-6.5%-2.91%-3.27%-3.6%
2014-2.86%-1.34%-0.71%-1.37%
2013-3.56%-0.46%-1.03%-0.89%
20126.13%1.3%0.52%1.48%
2011-26.12%-0.4%0.87%1.54%
20108.5%-1.11%-1.02%-1.21%
2009-2.28%-7.26%-3.75%-1.69%
20085.71%0.95%2.03%-3.38%
200710.68%1.28%1.78%1.44%
200610.81%7.65%13.21%12.17%
20053.95%-0.26%2.79%4.23%
20047.48%2.94%2.5%1.39%
20031.87%-0.14%2.99%2.5%
20022.01%3.34%3.49%1.53%
20013.88%0.17%4.9%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.