In 2024, about 20% of housing transactions in Russia were concluded through electronic platforms. This is 5.7% more than in 2023. The main reasons for the growth are the increased speed and transparency of transactions, as well as the trend towards digitalization and user convenience.
Digital platforms significantly speed up the process of finding housing, reducing the time by 22 times. Transaction processing is three times faster, Izvestia writes.
Transaction security is ensured through multi-level identification, reputation systems, and integration with government services, which helps reduce fraud and increase reliability.
Digital platforms have also influenced domestic tourism — the number of offers for daily rent has significantly increased in recent years. In 2024, 1.38 million short-term rental transactions were concluded for a total of 21 billion rubles.
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