The issuance of housing loans in Russia decreased threefold in January 2024 compared to December 2023. The newspaper writes about this “News” Based on data from the Ratings Bureau.
According to the bureau, in January banks issued 61 thousand mortgage loans worth 235.6 billion rubles. For comparison, in December these figures were 178.4 thousand loans and 783.7 billion rubles, respectively.
According to statistics of the Central Bank of the Russian Federation, the volume of mortgages issued in January 2023 amounted to 275 billion rubles; This is almost three times less than in December 2022, when loans worth 785 billion rubles were issued. Mortgage growth slowed from 2.9% to 0.6%.
At the same time, state-backed mortgage issuance in January fell from 655 billion rubles to 189 billion rubles compared to December. In particular, the decrease in the preferential mortgage program was from 280 billion to 58 billion rubles, and in family mortgages from 284 billion to 102 billion rubles. Market mortgage issuance has not decreased much – by 35% to 86 billion rubles by December 2023.
Before this real estate agent reported It’s about a sharp increase in prices for rental housing in major cities of Russia.
Previously in Russia was recorded aging home buyers.