Problems and factors of development of the real estate market

The housing market is influenced by many factors, the most important of which are economic and political. At present, factors that negatively affect the Russian real estate market include political and economic instability, a reduction in mortgage lending, a fall in oil prices, a devaluation of the ruble, a decrease in the population's solvency, the formation of deferred demand, and pessimistic expectations of market participants. Factors that have a positive impact on the market: increased demand for real estate as a means of preserving capital, lowering dollar prices (for those who have currency reserves), a reduction in supply can lead to an increase or at least the preservation of prices, positive signals from the government (a reduction in the Central Bank's rate, The possibility of state subsidies to mortgage programs).