, , RESIDENTIAL REAL ESTATE MARKET IN THE FAR EASTERN FEDERAL DISTRICT: TRENDS AND PROSPECTS // BSU bulletin. Economy and Management. - 2021. №2. . - С. 90-95.

RESIDENTIAL REAL ESTATE MARKET IN THE FAR EASTERN FEDERAL DISTRICT: TRENDS AND PROSPECTS

DOI: 10.18101/2304-4446-2021-2-90-95 UDK: 332.1

The article analyzes the main trends and prospects for the development of residen- tial real estate market in the Far Eastern Federal District (FEFD). The relevance of the study is determined by several factors: firstly, a tendency of increasing the volume of Russian res- idential real estate market, which is associated with the socio-economic development of the state; secondly, the crisis caused by the COVID-19 pandemic, because of which many pro- cesses of housing market development face a number of restrictions. In the article it is con- sidered the development of residential real estate market in the Far Eastern Federal District, and its main trends. We have identified the factors that contribute to its development or, conversely, create obstacles, as well as the main prospects for the further development of residential real estate market in the Far Eastern Federal District. The main trends in the de- velopment of residential real estate market in the Far Eastern Federal District are an increase in the scale of mortgage lending, and advance in prices followed by the value creation of residential real estate market and growth of composite demand and supply.

real estate market, residential real estate market, residential real estate, mortgag- ing, mortgage credit lending, mortgage loan, real estate, Far Eastern Federal District, the Far Eastern Federal District, housing market