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Statistical Analysis of the Demand for Newly-erected Buildings in Moscow

Student: Tvauri Mikhail

Supervisor: Svetlana Gracheva

Faculty: Faculty of Economic Sciences

Educational Programme: Economics and Statistics (Bachelor)

Year of Graduation: 2017

The work is devoted to the study of demand on new buildings in Moscow. The topic is extremely relevant in the present moment, because in the residential property market occurred cardinal changes after 2014. After the collapse of the Soviet Union, real estate prices constantly grew for more than 20 years, but after 2014 we can observe a break in the trend - a gradual decline in prices and a change in the deficit excess supply. The purpose of the work is to determine the factors that influence the decline Demand in the market of new buildings, as well as analyze the dynamics of the housing market In new conditions. The paper suggests spatial models for demand analysis In the market of new buildings. In the course of the study, the degree of influence Factors that affect the demand for new buildings in Moscow. Summarizing the main Results of work, it is possible to allocate essential influence of price expectations about "Future", interest rates on mortgage loans, as well as general welfare Consumers on demand for new buildings in Moscow.

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