Housing Starts in Russia increased to 6.60 Million Sq Meter in March from 5.50 Million Sq Meter in February of 2021. source: Federal State Statistics Service

Housing Starts in Russia averaged 4.69 Million Sq Meter from 1996 until 2021, reaching an all time high of 19.80 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 May of 2021.

Housing Starts in Russia is expected to be 5.00 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 3.50 in 12 months time. In the long-term, the Russia Area of Total Dwellings Commenced is projected to trend around 3.80 Million Sq Meter in 2022 and 3.90 Million Sq Meter in 2023, according to our econometric models.

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Russia Area of Total Dwellings Commenced

Actual Previous Highest Lowest Dates Unit Frequency
6.60 5.50 19.80 0.40 1996 - 2021 Million Sq Meter Monthly
Volume, NSA

Russia Housing Last Previous Highest Lowest Unit
Housing Index 8.00 6.30 56.90 -7.60 percent [+]
Construction Output 0.00 0.10 30.30 -19.30 percent [+]
Housing Starts 6.60 5.50 19.80 0.40 Million Sq Meter [+]
Home Ownership Rate 89.00 88.60 89.00 58.20 percent [+]


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