Analysts announced the end of the new construction era in Yekaterinburg.
Analysts have announced the end of the new construction era in Yekaterinburg
August 26, 2026 In Yekaterinburg, the period when apartment sales in new buildings dominated the housing market is coming to an end. This was stated by the director of the "Etazhi" company in Yekaterinburg, Irina Mun.
According to her, in the first half of the year, the share of secondary market sales exceeded 50%, while new buildings accounted for 41-43%, with the remainder being suburban real estate. Until 2024, the share of apartment sales in new buildings exceeded 70%.
The representative of "Etazhi" believes that there are no risks of a mortgage bubble in the market in Yekaterinburg, as the authorities have begun to regulate the volume of new construction. The founder of the "Etazhi" company, Alexander Babushkin, added that developers will continue to build houses non-stop for another 2-3 years.
— The market has a buffer for the next five years. There is already a possibility that in 3-4 years we will see a decline, but due to physical competition, this will not happen. We have more than a hundred developers in Yekaterinburg. They will all strive to develop their business. Perhaps we will see new sales tools, — the publication EAN quotes Babushkin.
Earlier, the court froze another construction project in Yekaterinburg in Botanika.
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Analysts announced the end of the new construction era in Yekaterinburg.
In Yekaterinburg, the period when apartment sales in new buildings dominated the housing market is coming to an end. This was stated by the director of the company "Etazhi" in Yekaterinburg, Irina Mun.