New buildings added new living space // The volume of construction is growing amid falling demand

From the beginning of the year to the end of August, construction of more than 28 million square meters began throughout the country. m of housing, almost twice as much as in the same period in 2020, was calculated in “Dom.RF”. But by the end of the summer in a number of large regions, including St. Petersburg, Tatarstan and the Krasnoyarsk Territory, the number of new projects began to decline. Local developers are in no hurry to launch construction projects amid falling demand, which was booming at the beginning of the year. …

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