In 2023, residents of Moscow and the Moscow region received 235.5 thousand mortgage loans worth 1.5 trillion rubles. This is one and a half times the 2022 indicators in terms of amount and 1.4 times in volume. Such data was provided to socialbites.ca by the press service of the Main Directorate of the Central Federal District of the Bank of Russia.
The Moscow region accounted for 67.1% of all housing loans provided by banks in the Central Federal District last year. According to state-supported programs, a total of 176.6 thousand housing loans worth 1.4 trillion rubles were given in 2023, and the average loan amount was 7.9 million rubles. The mortgage loan portfolio of banks in the Moscow region increased by 23.3% compared to last year, reaching 3.9 trillion rubles. In 2023, the average mortgage maturity increased by 5.4% annually to 24.7 years.
In December 2023, borrowers in the Moscow region received 23.3 thousand mortgage loans worth 149.7 billion rubles. Compared to December 2022, there was a 17% increase in the number of issues and a 6.5% increase in volume. As of November 2023, mortgage issuance increased by 7.3% in quantity and 11.4% in volume.
Compared to November, housing loan issuance within the scope of state-supported programs increased by 22% in quantity and 25.7% in volume in December. Under all preferential programs, residents of the Moscow region in December received 23.5 thousand loans worth 194.3 billion rubles.
In December, the weighted average lending maturity increased to 25.7 years (+1.4% as of November 2023 and +4.7% as of December 2022). The average mortgage rate in December 2023 decreased by 0.3 percentage points compared to November. and stood at 8.1%.
Previously “socialbites.ca” saidHe said that the State Duma proposed giving money to the regions to reduce mortgage rates.