The rating agency Expert RA presents a study on the state of the residential real estate sector after a reform. The publication provides data on construction volumes in Russia, fluctuations in demand, developers entry into the bond market, etc.
This statistical compilation was prepared by the Federal State Statistics Service of the Russian Federation based on data from enterprises and organizations obtained through statistical monitoring and market investigations. The publication reveals the economic development level of the Russian construction sector.
In 2018, Russia launched a major reform aimed at developing the construction sector and solving the problems associated with shared construction. It is planned to start the transition to project financing using escrow accounts in mid-2019. The publication by PwC studies the effect of using escrow accounts.