Review article

The article analyzes the state of the primary and secondary residential real estate markets in St. Petersburg for the period from 2016 to 2020. The rating of developers leading in St. Petersburg in terms of the housing commissioning volume has been compiled. There have been identified the factors (economic sanctions, quarantine restrictions, devaluation of the ruble, inflation, decrease in the level of income of the population) influencing a decrease in the volume of housing commissioning, an increase in the cost and decrease in the affordability of housing in the primary and secondary residential real estate markets in 2019-2020. The trends in the development of residential real estate markets in St. Petersburg in 2021-2022 have been revealed.