In December, 2008 the market of real estate was able "paralysis". Transactions of purchase and sale of housing completely stopped.
Practically all January the market stayed idle and only at the end of the month the first operations on a housing sale-purchase started being performed.
Directors of real estate agencies say that at the end of January - the beginning of February, 2009 the number of the performed operations of purchase and sale of housing in the secondary market makes 5% of level of 2008. And during noted period transactions which were outlined in the end of 2008 came to the end.
The price of the one-room apartment fell to 26 thousand dollars.
To speak about reduction of prices while it is premature as sales single and are dictated first of all by existence of problems at owners of housing.