Mortgage lending in Russia fell 38% over the year: subsidized programs shrank threefold, market loans grew
According to preliminary data from DOM.RF, in October 2026 banks issued about 77,000 housing loans worth 305 billion rubles — 38% less than a year earlier. The main decline came in subsidized mortgages after changes to the family mortgage terms on October 1, while the market segment grew by 30% in the number of loans.
Aziz Karimov