Residential real estate market in the Far Eastern Federal District: trends and prospects

The article analyzes the main trends and prospects for the development of residential real estate market in the Far Eastern Federal District (FEFD). The relevance of the study is determined by several factors: firstly, a tendency of increasing the volume of Russian residential real estate market, which is associated with the socio-economic development of the state; secondly, the crisis caused by the COVID-19 pandemic, because of which many processes of housing market development face a number of restrictions. In the article it is considered the development of residential real estate market in the Far Eastern Federal District, and its main trends. We have identified the factors that contribute to its development or, conversely, create obstacles, as well as the main prospects for the further development of residential real estate market in the Far Eastern Federal District. The main trends in the development of residential real estate market in the Far Eastern Federal District are an increase in the scale of mortgage lending, and advance in prices followed by the value creation of residential real estate market and growth of composite demand and supply