Housing Starts in Russia increased to 8.40 Millions Square Metre in August from 7.40 Millions Square Metre in July of 2021. source: Federal State Statistics Service

Housing Starts in Russia averaged 4.74 Millions Square Metre from 1996 until 2021, reaching an all time high of 19.80 Millions Square Metre in December of 2014 and a record low of 0.40 Millions Square Metre 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 October of 2021.

Housing Starts in Russia is expected to be 4.00 Millions Square Metre by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Area of Total Dwellings Commenced is projected to trend around 3.80 Millions Square Metre in 2022 and 3.90 Millions Square Metre in 2023, according to our econometric models.

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Russia Area of Total Dwellings Commenced


Russia Last Unit Reference Previous Highest Lowest
Housing Index 15.30 percent Jun/21 13.55 56.90 -11.05
Housing Starts 8.40 Millions Square Metre Aug/21 7.40 19.80 0.40
Construction Output 6.20 percent Aug/21 9.30 30.30 -19.30
Home Ownership Rate 89.00 percent Dec/18 88.60 89.00 58.20


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