Bloomberg News

Moscow Housing Construction Falls 28% This Year, Vedomosti Says

July 03, 2012

Moscow housing construction declined 27.8 percent, to 630,000 square meters, in the first half of 2012 from the year-earlier period, Vedomosti reported, citing figures from the Moscow Committee of State Construction Supervision. The drop was caused by the mayor’s policy of developing social infrastructure, the newspaper said.

To contact the reporter on this story: Anatoly Temkin in St. Petersburg at atemkin@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net


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