FAS warned developers about the inadmissibility of increasing housing prices

FAS warned developers about the inadmissibility of increasing housing prices

4 марта 2022, 10:40
The Federal Antimonopoly Service sent warnings to Granel Group of Companies, Lenstroytrest Group of Companies, Etazhi Development, Est-A-Tet, Mayak real estate agency after the companies' statements about the expectation of rising real estate prices.

"Statements about a possible increase in real estate prices may lead to an increase in demand, which can be used by market participants to increase sales and negatively affect prices for the final consumer", - the FAS said in a statement.

It's worth reminding that after the Central Bank increased the key rate to 20%, developers announced that housing prices would rise. Mortgage loans also rose in price due to rising rates.

#Loan #Realty #Housing #Apartments #Mortgage #Общество #News #Real Estate #Federal Antimonopoly Service (FAS)
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