In 2024, approximately 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 increased speed and transparency of transactions, as well as the trend towards digitalization and convenience for users.
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 to reduce fraud and increase reliability.
Digital platforms have also influenced domestic tourism — the number of offers for daily rentals has significantly increased in recent years. In 2024, 1.38 million short-term rental transactions were concluded for a total of 21 billion rubles.
Read more on the topic:
From utility payments to moving: you can now manage real estate in Sberbank Online
Artificial intelligence has been taught to select real estate for Russians
