But rates are still expected to rise at a time when housing demand remains muted: sales of new homes hit a record low in February.

2月份，新住房的销售量创历史低点，但利率有望在住房需求低迷不振时上扬。

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As a result of this burgeoning demand for Russian property, housing and commercial real estate values are expected to rise, though the report did not estimate by how much.

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Shares were also boosted by Friday's reports of a bigger-than-expected increase in consumer sentiment for May and by recent strong housing starts, which boost demand among contractors for new pickups.

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Urbanization, he points out, is expected to attract more than 400 million farmers to cities over that period, sustaining demand for housing.

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