Muscovites began to take out mortgages more often

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7,854 mortgage transactions were recorded in Moscow in January. The value is 11% higher than in the same period in 2023. This is stated in Press release Rosreestr.

Looking at the five-year history, the increase in the number of mortgage transactions in the capital was 23.8%. In January 2020, 6,346 mortgage loan agreements were issued.

Moreover, last month the second largest number of registered mortgage transactions took place in Moscow during the entire observation history. This is second only to January 2022, when 8,353 contracts were issued.

As of December 2023, the number of transactions fell 19%, but this was the smallest January-December decline in five years. In recent years, this rate has varied between 36% and 54%.

Analysts before this perceived It has led to an increase in demand for alternative real estate transactions in Moscow.

Previously reportedIt has been observed that resale dealers in Moscow have become more willing to offer discounts to buyers.

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