Assessment of Dominant Trends in Housing Construction Market in Russia

The article is devoted to the research and assessment of dominant trends in the development of the housing construction market in Russia. The relevance of the study is determined by the role of the housing construction market as a driver of economic development of territories. The purpose of the study is to assess the current trends in the development of housing construction.The conducted analysis showed that the condition and dominant trends of the housing construction market generally corresponded to the negative macroeconomic situation in 2020. The factors that caused the negative trends in the development of the housing construction market are identified and their consequences are assessed. The authors believe that timely identification and assessment of dominant trends in the housing construction market allow predicting possible directions of its development, which in turn allow specifying directions of state regulation of the housing sector necessary to maintain stability of the industry and its balanced development