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Soaring home prices observed in Minsk, setting new records.

Skyrocketing Costs in Real Estate: Potential Buyers Astonished by Expensive Square Meter Prices

Housing prices in Minsk have achieved new peak levels.
Housing prices in Minsk have achieved new peak levels.

Soaring home prices observed in Minsk, setting new records.

In the Belarusian real estate market, the October, Central, and Frunze districts are currently the most active areas for listing properties for sale. However, when it comes to price trends, the picture is more varied across different cities.

In Molodechno, the price per square meter has seen a slight increase of 0.5%, now standing at $929. On the other hand, Mogilev has experienced a decrease of 0.5%, with the price per square meter now at $954. Interestingly, no specific data or reports were found in the search results regarding an increase in secondary housing market prices in Belarus over the past week.

The Russian housing market, meanwhile, has seen a noted decrease in rental housing prices since 2025, with owners sometimes choosing to rent out properties due to slower sales. Prices have fallen by 10-15% compared to the previous year, according to some reports. The Polish housing market is evolving, with government programs aiming to improve affordability, but these initiatives do not mention Belarus.

In terms of broader secondary markets, there are increased pricing and volume trends, but these are unrelated to the Belarus real estate market. No Belarus-specific real estate price trends or recent weekly changes were found in the retrieved documents.

Turning back to Belarus, there have been some changes in the local markets. In Grodno, the price per square meter has increased by 0.4%, with this increase particularly noticeable in one-room and four-room apartments. The average cost per square meter in the country has risen by 1.8%, now standing at $1939. The price per square meter in the capital's "Minsk Mir" quarter has exceeded $2000.

In contrast, the price per square meter in Gomel has remained unchanged at $924, while Soligorsk has seen a decrease of 1.1%, with the price per square meter now at $818. The number of listings offering housing for sale has increased by 13.6% over the past week.

In the large city of Borisov, located in the Minsk region, the price per square meter has increased by 0.4%, now standing at $841. The price per square meter in Brest has decreased by 0.1%, with the current price standing at $1095.

In conclusion, based on the current data, there is no available evidence of an increase in secondary housing market prices in Belarus, including Minsk and surrounding regions, in the past week. For the most accurate and up-to-date statistics on Belarus real estate prices, it is recommended to consult official Belarusian real estate analytics sources or local market reports specialised in Minsk and regional housing markets.

  1. Despite the varying trends in different cities of Belarus, no specific data or reports indicate an increase in the secondary housing market prices in Belarus, particularly within Minsk and its neighboring regions, over the past week.
  2. In terms of real-estate investment, while there are rising pricing trends in some areas such as Grodno and certain districts in Minsk, the current overall climate in the Belarusian housing market does not seem to favor significant increases in the finance sector, at least according to the available data.

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