Support The Moscow Times!

New Housing Volume Down

The volume of housing construction in February was 2.7 million square meters, or 28,000 new apartments, which is 6.1 percent less than in the same month last year, the State Statistics Service said.

The February statistics represent an improvement over January, when construction was down 16.3 percent year on year, with 29,600 new apartments.

(MT, RIA-Novosti)


Read more

The need for honest and objective information on Russia is more relevant now than ever before!

To keep our newsroom in Moscow running, we need your support.