In 2008 in Russia will not be done planned bulks of property construction, which were foreseen by long lasting strategy of mass construction. Because of crisis in construction area, there will be less properties than last year, what was not notices since the end of 90-s last year.

According to the data of Russian union of constructors, during 2008 will be placed in construction not less than 3 million apartments, general square will not increase 600 million sq. ft.

From January to October 2008 in country was built 400 million sq. ft. Rates of current year is just on 5,3% increased the data for 2007. Because of sudden stiffing the financing conditions during 2009 will be built not more than 520 million sq. ft. of residential property.

siriys-info.com