Demand for Far Eastern mortgages increased by 277% in the first nine months of 2023. This is evidenced by a study of Rosselkhozbank platforms – “Svoe Selo” and “Svoe Zhilyo”; a copy is at the disposal of the editorial office of socialbites.ca.
According to experts, demand for the program is increasing due to falling interest rates. “Far East Mortgage” was most popular in the Khabarovsk Territory, where loans worth ₽ 192 million were issued, with an average loan amount of ₽ 4.9 million. Buryatia ranked second with an average loan of ₽ 2.9 million and mortgages of ₽ 163 million. The third Yakutia is located with a loan of ₽ 73 million worth ₽ 4.6 million.
Borrowers were mostly married people between the ages of 31 and 40. It turned out that the oldest region is the Chukotka Autonomous Okrug (the average age of the debtor is 55), and the youngest debtors are in the Kamchatka and Primorsky regions. They are 30 and 32 years old respectively.
According to the research, 38.3% of bank borrowers in 2023 used loans under the program to purchase apartments in the secondary housing market in the Far Eastern Federal District. While 33.9% of customers bought ready-made houses, 26.1% bought flats in the primary market and 1.7% built their own house.
Before that it was known how many Russians could not do this. to take Mortgage after the decision of the Central Bank.
Secondary resale prices in Russia before reached peak and came down.