2.52m sq mPrimary-market supply in “old” Moscow
9Projects launching sales during Q3
Where the increase came from
Supply rose by 211,000 sq m. Almost half of the additional volume came from a larger offer within Moskovskiye Kvartaly projects sold under purchase agreements; other additions mainly reflected new projects and buildings entering sales.
Development activity recovers
Sales began in five business-class and four premium projects. Additional buildings also entered the comfort- and business-class markets after a weaker second quarter.
Demand remains uneven
Quarterly absorption improved, but remained around one third below the equivalent period a year earlier. July sales reached 188,000 sq m before falling to 146,000 sq m in August, the weakest month of 2026 at that point. September’s recovery did not produce a substantial quarterly increase.