Makhachkala leads in growth of prices for secondary housing

Makhachkala and Magnitogorsk topped the rating list of Russia’s cities by the growth in prices for secondary housing. As of October 2023, a square meter in the secondary housing market in Russia rose in price by 4.2%, up to 107.3 thousand rubles, the analytical center "World of apartments" reports, specifying that for the year a square meter in the "secondary" rose in price by an average of 12%. The cost of a square meter on the secondary housing market increased most noticeably in Makhachkala (+14.9%) and Magnitogorsk (+14.7%).

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