The analysts of Rosbank Dom conducted a research dedicated to the change of the price for secondary housing in Russian cities for the period from June 2018 to June 2019*. The leaders of the rating are Neryungri (+31%), Ust-Ilimsk (+29,4%), Vladivostok (+20,7%),Vyborg (+18,7%) and Bratsk (+17,5%).

Herewith, 8 cities of the Moscow Region entered top-20 of the Russian cities by the growth rate of the prices for secondary housing: Odintsovo (+17%), Krasnogorsk (+16,6%), Dolgoprudny (+15,5%), Vidnoye (+14,8%), Aprelevka (+14,8%), Kotelniki (+14,6%), Lyubertsy (+14,6%) and Zheleznodorozhny (+14,3%).

As a result, in June of this year, Krasnogorsk is the 2^nd (+1 position in comparison with June 2018) and Odintsovo rose to the 3^rd position (+2 positions in comparison with June 2018).

In Moscow average price increased by 9,1% in a year and in June 2019 it was 212,5 thousand rubles per sq.m.

According to the data for the first five months of this year, the mortgage market of the Moscow Region increased by 1,9% in comparison with the same period of 2018 that is better than the total result for the Russian Federation (-1,9%

Average size of a mortgage loan in the Moscow Region in May 2019 increased up to 3,3 million rubles (+11,1% for May 2018).

The share of loans that were given on the pledge of the right in action according to an equity partnership agreement in the first five months of 2019 is 32,6% (34,6% for the same period of the last year).

In 2018 the price growth on the housing market became a tendency for the majority of Russian cities. It can be explained by the realization of a delayed demand in the conditions of record low interest rates and the anticipation of the price growth on the eve of the shift to the project financing of developers.

However, the increase of an average price for housing happened not only due to the factual change of the price for the specific objects but also due to the exit of low-budget objects of mass demand from the market.

In the 2^nd half of 2019, the tendency for the price growth will remain. Its influence on the mortgage market will be partly compensated by the reduction of interest rates for housing loans.

*The research was conducted on the ground of the data of Domofond.ru

Table 1. Top-20 of the Russian cities with maximum growth rate of the prices for secondary housing in June 2019 in comparison with June 2018.

Place in the rating	City	Region	Price for 1 sq.m.	Growth rate of the price, %
1	Neryungri	Sakha (Yakutia)	38447	31,0%
2	Ust-Ilimsk	Irkutsk Region	38057	29,4%
3	Vladivostok	Primorsky Region	118336	20,5%
4	Vyborg	Leningrad Region	69797	18,7%
5	Bratsk	Irkutsk Region	40491	17,5%
6	Odintsovo	Moscow Region	127914	17,0%
7	Almetyevsk	Tatarstan	49697	16,8%
8	Krasnogorsk	Moscow Region	128392	16,6%
9	Blagoveschensk	Amur Region	70239	16,6%
10	Kingisepp	Leningrad Region	54976	16,2%
11	Kazan	Tatarstan	82720	16,0%
12	Dolgoprudny	Moscow Region	122370	15,5%
13	Khanty-Mansiysk	Khanty-Mansi Autonomous Okrug	81474	15,5%
14	Mikhailovsk	Stavropol Region	33027	15,2%
15	Vidnoye	Moscow Region	114406	14,8%
16	Aprelevka	Moscow Region	96706	14,8%
17	Kotelniki	Moscow Region	125966	14,6%
18	Lyubertsy	Moscow Region	117992	14,6%
19	Zheleznodorozhny	Moscow Region	97376	14,3%
20	Nyagan	Khanty-Mansi Autonomous Okrug	57849	14,0%

Table 2. Cities of Moscow Region with minimal growth rate of the prices.

Place in the rating	City	Growth rate of the price, %	Price for 1 sq.m., rubles
44	Voskresensk	2,0%	47255
43	Zvenigorod	3,6%	76772
42	Noginsk	4,1%	59735
41	Egoryevsk	4,2%	44458
40	Stupino	4,4%	72819

Table 3. Top-20 of the cities of Moscow Region with the biggest prices for the secondary housing in June 2019.

Place in the rating	City	Price for 1 sq.m., rubles (June 2019)	Price for 1 sq.m., rubles (June 2018)
1	Reutov	140523	129745
2	Krasnogorsk	128392	110081
3	Odintsovo	127914	109321
4	Khimki	126688	112471
5	Kotelniki	125966	109888
6	Dolgoprudny	122370	105913
7	Lyubertsy	117992	102982
8	Mytischi	116380	105615
9	Vidnoye	114406	99675
10	Dzerzhinsky	104620	97949
11	Korolev	101098	92706
12	Balashikha	98701	86856
13	Lobnya	98186	86995
14	Zheleznodorozhny	97376	85217
15	Aprelevka	96706	84268
16	Podolsk	92240	81964
17	Domodedovo	92193	83048
18	Zhukovsky	90767	84925
19	Pushkino	89418	82177
20	Oktyabrsky	87252	79011