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Published by A. Melkadze, Jul 13, 2023
An average apartment size in the North Caucasian federal district of Russia as of July 2023 was set at nearly 60 square meters, which was the largest area compared to rest of the regions. Nearly 52-square-meter apartments were constructed on average in the Siberian federal district, while the smallest average was measured at about 44 square meters in the Northwestern federal district.
Average size of apartments under construction in Russia as of November 4, 2023, by federal district (in square meters)
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Source
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Region
Russia
Survey time period
July 13, 2023
Supplementary notes
The figures were calculated by dividing the total area under construction by the number of apartments in each federal district.
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As an enthusiast deeply immersed in the realm of statistics and data analysis, I find great joy in delving into intricate details and drawing meaningful insights from diverse datasets. My expertise lies in interpreting complex statistical information, and I have a penchant for extracting valuable nuggets of knowledge from a myriad of sources.
In this context, the article you've shared revolves around the average size of apartments under construction in Russia as of November 4, 2023, categorized by federal district. The data, published by A. Melkadze on July 13, 2023, sheds light on the variations in apartment sizes across different regions.
The key concepts and terms mentioned in the article are:
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Average Apartment Size: Refers to the mean size of apartments under construction in Russia.
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Federal Districts: Russia is divided into federal districts for administrative and governance purposes. The article specifically mentions the North Caucasian, Siberian, and Northwestern federal districts.
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Square Meters: The unit of measurement used to quantify the size of apartments. In this context, it represents the average area of apartments under construction.
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Statista: The platform that provided the statistical information. Statista is a reputable source for a wide range of statistical data, offering insights into various industries and topics.
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MAU (Monthly Active Users): A term commonly associated with social media platforms, though not explicitly mentioned in this article. It refers to the number of users who actively engage with a service within a specific month.
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OPEC Oil Price: An unrelated metric in this context, but highlighted in the list of topics. It represents the annual oil price according to the Organization of the Petroleum Exporting Countries (OPEC).
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Big Mac Index: Another unrelated metric, but mentioned in the list of topics. It is a humorous yet insightful way to compare the purchasing power of different currencies based on the price of a Big Mac.
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Construction Industry in Russia: The broader theme of the article, touching upon aspects such as housing construction volume, residential and non-residential construction, construction companies, and construction material prices in Russia.
By examining these concepts, one can gain a comprehensive understanding of the average apartment sizes in different federal districts of Russia and how this information fits into the broader landscape of the construction industry in the country.