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The cost of housing in Russia in January - March 2016 for the first time since the beginning of 2015 showed a quarterly increase, write "Vedomosti" with reference to the report of the company knight Frank.

In the first three months of this year residential real estate in Russia rose 3.6%, while the annual growth amounted to 1.5%. For comparison: in I quarter 2015 housing in the country rose by 1.7%, and Russia took 21 th place in the ranking. Since the country only to lose ground and by the fourth quarter of 2015 dropped to 46th place (then prices decreased by 0.4%). This year, however, Russia was already at the 37th place.

The high growth rate of housing prices in the first quarter of 2016 demonstrated Turkey (+15.3 percent), followed by Sweden (+12,9%), the third - New Zealand (+11%), the fourth Lithuania (+10.5 percent) and the top five Malta (9,9%). And in the tail of the ranking, in which there is a total of 55 countries were Ukraine, with a quarterly price drop of 10.5% (annual decline to 2.8%).

Overall in the first quarter of 2016 residential on the 55 key markets around the world rose by 3.4%. Thus in 43 countries over the year, housing went up, and in 12 countries fell, analysts say. Housing index is compiled quarterly by knight Frank based on official data of state statistics and Central banks, prices measured in local currencies.

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