Housebuilding statistics in Russia: region by region
Published on 24/11/2015
Russia’s construction industry has long tempted exporters in the building industry – an interest fuelled by multi-billion dollar projects like the 2018 World Cup, huge modernisation programmes, and lavish commercial construction such as Moscow City, a development containing seven of Europe’s eight tallest towers. But it is easy to forget the backbone of the sector, and the area that arguably offers the biggest opportunities to suppliers – housebuilding.
With the largest population in Europe, many of whom live in Soviet-era housing that needs modernisation and replacement, Russia is ramping up residential construction. Between January and September this year 7% more housing was completed across the country, and the regional split is interesting – certain areas of the country are enjoying a housebuilding boom. Here are the headline housebuilding statistics for some of Russia’s key regions:
Moscow
From January to July 2015, Moscow’s builders finished 2.05 million square metres of housing, with around 200,000 sqm more since those figures were published - a 13.8% increase on 2014, showing construction in Russia’s capital could be on its way back after a tough few years. These statistics mean housebuilding has outperformed other types of construction in the city, which has more or less maintained its 2014 position.
Marat Khusnullin, Moscow’s Deputy Mayor for Urban Development and Construction, told journalists in November that the government had no plans to slow down social housing construction in the capital. “Over 15 million square metres of housing has been built in the capital over the past five years, funded both publicly and privately,” said Khusnullin. “Every year, eight to ten thousand people on the waiting lists receive social housing. We are not looking to cut building levels in this area.”
St. Petersburg and the Leningrad Region
In the city of St. Petersburg itself, 1.94 million square metres of housing was built from January to September – a total of 33,421 apartments. This is slightly down on the same period last year, when 35,000 apartments were built. However, there was a huge increase in housing completed in the surrounding Leningrad Region, which has a population of 1.7 million. Between January and September 2015, 1.84 million sqm of housing was built in the region, compared to 1.08 million in the same period last year. The actual number of apartments completed practically doubled, reaching 32,051 from 15,383 in 2014.
Krasnodar and Southern Russia
Housebuilding remains relatively stable in this important region of Russia. 3.82 million square metres of housing was completed in the Krasnodar Region of southern Russia between January and October 2015. This is a small decrease from the 3.99 million square metres built in the same period of 2014. 47,900 apartments were completed in total.
Yekaterinburg and the Sverdlovsk Region
1.9 million square metres of housing was built in Russia’s third largest city and the surrounding region from January to October 2015, a 19.6% rise on last year. This was helped by massive construction volumes in the early months of the year – nearly six times as much housing was built in January 2015 compared to January 2014.
Novosibirsk
Nearly a third more houses were built in Siberia’s largest city Novosibirsk in 2015 compared to last year. In square metre terms, this is 1.78 million sqm of housing finished between January and September 2015, compared to 1.37 million sqm last year. Housebuilding has accounted for an enormous 92% of all construction in the region this year.
All statistics from Russia’s Federal State Statistics Service.