Expert: a boom in the construction of private houses is possible next year

According to him, the main reasons for the growing popularity of individual housing construction in 2024 are the expansion of preferential mortgage programs and the possibility of independent construction at minimal cost.

The head and founder of the construction company APS DSK, Alexander Kalsin, in a conversation with a Tsian.Zhurnal correspondent, recalled that this year, on the contrary, there has been a global narrowing of mortgage programs.

The remaining preferential mortgage switched to the escrow format. And for the next year, there are no government mortgage programs at all. These will be some small excerpts, and mortgages are the main driver of the growth of individual housing construction. Throughout the entire existence of this market, nothing has pushed it forward as strongly as this stimulating factorsaid the developer.

According to Alexander Kalsin, another factor that negatively affected the countryside real estate market was the high key rate.

Many potential clients continue to keep money on deposits. And plus there is a process of stagflation. The price does not fall because the cost of building materials depends very much on the key rate; all manufacturers are on loans. And the consumer, in turn, does not see an incentive to go into acquisition, because there is a high key rate, and he does not see the profit from engaging in the private housing construction market“, the specialist concluded.

The owner of the Lazovsky House construction company, Maxim Lazovsky, also believes that there are no prerequisites for growth in the segment.

Yesterday, Sberbank and VTB suspended preferential mortgages due to the fact that the limits had run out. Material manufacturers are already sending us notifications about reductions in material production volumes. The rate of the Central Bank of the Russian Federation leaves no choice. We may face the fact that there will be nothing to build from. While the economy is in the current cooling realities, it is impossible to talk about an increase in demand, let alone a rush, — said the developer.

The founder of the construction company HalleHouse, Vyacheslav Kotlov, emphasized that even those few projects that are currently under construction are often complicated by consumer extremism and the desire to create a “boom” at the expense of the developer.

Now there are pronounced problems with lending. And preferential, and even more general. It is expected that escrow will be introduced, where there are risks of that very 20% of the value of the property that even an independent assessment will not allow the developer to immediately obtain. So the question of demand in 2025 depends on many factors“, the expert concluded.

source: CYANOGEN