The number of mortgage transactions in Russia will decrease by half after July 1, 2024. This was announced in the press center by real estate lawyer Nikita Eshkov. NSN.
“We see that the number of mortgage transactions in general has decreased by half. But in general there is no need to panic, there will be no apocalypse,” the expert said.
According to Eshkov, the decrease in the number of transactions is due to two factors. Firstly, it is the completion of the program of non-addressable preferential mortgages. Secondly, a record increase in the volume of issuance in June 2024 – up to 788 billion rubles, which is 45-50% more than in the previous month.
Before that, it was known that he would be in Moscow in July 2024. concluded There were 7,044 transactions in DDU, 35% less than in June and 10.4% less annually. The decline in demand is due to the removal of concessional mortgages, tightening conditions for family loans and rising mortgage rates.
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Source: Gazeta
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