Russia's price index in the primary housing market increased by 6.3 percent in 2018, following a 1 percent increase in 2017. Housing Index in Russia averaged 15.59 percent from 1998 until 2018, reaching an all time high of 56.90 percent in 1998 and a record low of -7.60 percent in 2009.
Housing Index in Russia is expected to be 5.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia House Price Index is projected to trend around 3.60 percent in 2020, according to our econometric models.