The State of the Residential Real Estate Market of the Russian Federation: Problems and Prospects of Development

Galina Pivovarova, Tatiana Tretyachenko, Svetlana Sogomonyan

2021

Abstract

Indicators that characterize the current state and dynamics of the development of the residential real estate market are not considered by a number of subjects of the Russian Federation when developing regional development programs as factors that not only determine the level of business activity and social stability of the territory, but also carry systemic risks for the stability of the regional system. The article analyzes the state and development of the residential real estate market of the Russian Federation in the pre-pandemic period, when the transition to project financing using escrow accounts was carried out, and the conditions of the crisis of 2020. The article reveals the possibilities of using the results of the analysis of the indicators of the residential real estate market, based on the established relationship between the indicators of project financing, price, mortgage rates and sales volumes of primary market objects, to regulate the level of social stability and business activity in the region, to minimize the risks caused by the uncertainty of the external environmen.

Paper Citation

in Harvard Style

Pivovarova G., Tretyachenko T. and Sogomonyan S. (2021). The State of the Residential Real Estate Market of the Russian Federation: Problems and Prospects of Development. In Proceedings of the International Scientific-Practical Conference "Ensuring the Stability and Security of Socio-Economic Systems: Overcoming the Threats of the Crisis Space" - Volume 1: SES, ISBN 978-989-758-546-3, pages 144-148. DOI: 10.5220/0010695200003169

in Bibtex Style

@conference{ses21,
author={Galina Pivovarova and Tatiana Tretyachenko and Svetlana Sogomonyan},
title={The State of the Residential Real Estate Market of the Russian Federation: Problems and Prospects of Development},
booktitle={Proceedings of the International Scientific-Practical Conference "Ensuring the Stability and Security of Socio-Economic Systems: Overcoming the Threats of the Crisis Space" - Volume 1: SES,},
year={2021},
pages={144-148},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010695200003169},
isbn={978-989-758-546-3},
}

in EndNote Style

TY - CONF

JO - Proceedings of the International Scientific-Practical Conference "Ensuring the Stability and Security of Socio-Economic Systems: Overcoming the Threats of the Crisis Space" - Volume 1: SES,
TI - The State of the Residential Real Estate Market of the Russian Federation: Problems and Prospects of Development
SN - 978-989-758-546-3
AU - Pivovarova G.
AU - Tretyachenko T.
AU - Sogomonyan S.
PY - 2021
SP - 144
EP - 148
DO - 10.5220/0010695200003169