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It shows that in comparison with the 2 previous cycles, the present one remains very quick in size and unimpressive in magnitude. To succeed in the historical averages, the real estate market would need to maintain rising for one more 7 years, and with a lot sharper annual appreciation. Ms. Kotova, and tens of thousands of different Russians who’re required to supply such a doc to promote property, haven’t any history of psychological sickness. The certificates, which should be signed and stamped by a health care provider, is a legal protection in opposition to a pervasive downside in Moscow actual property deals: rampant fraud and weak courts.

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