Russia enters global top ten for house price growth, with real estate values shooting up as elites bring money home from abroad ...News

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With properties changing hands for more and more cash, and a fast-growing real estate sector, Russia is now among the top ten nations for rising house prices, overtaking historic safe bets for investors such as the United Kingdom. A study published by London-based property giant Knight Frank on Wednesday found that Russia's house price growth had picked up pace in the first quarter of 2021, rising by 11% compared to the same time in the previous year. The rise puts the country ninth in the world, above nations like the United Kingdom, which was in 12th place with a 10.2% growth, and Germany, which was down to 20th place with 8.1%. Turk

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