Russian apartment rent to rise in 2020
Since the beginning of the year, rent for one- and two-room apartments in cities with a population of over one million has fallen by an average of 1%, according to CIAN data. Despite zero growth at the beginning of the year, according to analysts, rent will soon increase by 5-7% due to increased taxes and housing and utilities costs, Kommersant writes . On average, over the past year, the average cost of apartments in Russia increased by only 1.06%.