Moscow is organized into "rings," with prestige generally radiating from the center. Buying Property in Russia as a Foreigner
As of early 2026, Moscow's primary residential market has seen prices reach approximately , a nearly 20% year-on-year increase. The secondary market is more stable, with prices around RUB 369,497 per square meter .
High mortgage rates—some reaching up to 30% —have made buying unattainable for many local residents without significant cash reserves.
Experts predict that as market mortgage rates eventually fall, growth in the secondary market may begin to outpace primary segments. Where to Buy: Top Neighborhoods