Housing Starts in Russia decreased to 7.20 Million Sq Meter in October from 7.30 Million Sq Meter in September of 2020. source: Federal State Statistics Service

Housing Starts in Russia averaged 4.61 Million Sq Meter from 1996 until 2020, reaching an all time high of 19.70 Million Sq Meter in December of 2014 and a record low of 0.40 Million Sq Meter in January of 1996. This page provides the latest reported value for - Russia Housing Starts - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Russia Area of Total Dwellings Commenced - values, historical data and charts - was last updated on December of 2020.

Housing Starts in Russia is expected to be 20.10 Million Sq Meter by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Housing Starts in Russia to stand at 20.10 in 12 months time. In the long-term, the Russia Area of Total Dwellings Commenced is projected to trend around 22.40 Million Sq Meter in 2021, according to our econometric models.

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Russia Area of Total Dwellings Commenced

Actual Previous Highest Lowest Dates Unit Frequency
7.20 7.30 19.70 0.40 1996 - 2020 Million Sq Meter Monthly
Volume, NSA

Russia Housing Last Previous Highest Lowest Unit
Housing Index 8.00 6.30 56.90 -7.60 percent [+]
Housing Starts 7.20 7.30 19.70 0.40 Million Sq Meter [+]
Home Ownership Rate 89.00 88.60 89.00 58.20 percent [+]
Construction Output -0.60 -0.20 30.30 -19.30 percent [+]


Russia Area of Total Dwellings Commenced
In Russia, Housing Starts is measured by the total area of started constructions.