Russian property stabilises after an icy plunge

Apr 18, 2010

Russian real estate took an alarming dive after the crisis, but the sector is now showing signs of life.

The Russian real-estate market swooned after the crisis, with a 77% fall in property deals and the size of those deals falling by 50%. Well, if you were an oligarch, wouldn't you prefer to live next to London's Regent's Park than a leather tannery in Irkutsk?

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