The month preceding the presidential election may have been one of the reasons that potential buyers took a wait-and-see attitude. The continuing rise in real estate prices also played a role.
Anyway, in April, housing was sold by 35% less than in the same month last year. But in January-April - four months - the drop is not so strong: on average -18% compared to the same period last year.
Here are the exact figures for different segments:
the volume of mortgage transactions in April 2023 was 21,769 units, in April 2022 - 32,030 units; the decrease was 32%;
the volume of non-mortgage transactions in April 2023 was 63,883 units, in April 2022 - 101,028 units; the decrease was 36.8%;
the volume of sales in the segment of new buildings in April 2023 - 26,952 units, in April 2022 - 36,421 units; the decrease was 26%;
the volume of sales of secondary real estate in April 2023 - 58,700 units, in April 2022 - 96,637 units; a decrease of 39.3%.
As for the period from January to April:
mortgage sales in 2023 - 80,591, in 2022 - 100,372 (-19.7%);
non-mortgage sales in 2023 - 288,276, in 2022 - 352,749 (-18.3%);
sales in the segment of new buildings in 2023 - 110,859, in 2022 - 130,858 (-15.3%);
sales in the "secondary" segment in 2023 - 258,008, in 2022 - 322,263 (-19.9%).
Another recently recorded trend was that non-residential real estate is now being sold better than residential, which has not been observed for several years.