Over 10 years, new buildings in Moscow became more expensive 3.4 times. The price per square meter increased from 121 thousand to 408 thousand, RBC calculation. Among the reasons is the massive preferential mortgage, which was in effect from 2020 to 2024. So anyone could purchase an apartment with state support and an interest rate of 6.5% to 8% per year, which led to an explosive increase in sales prices and housing prices.