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Mortgage lending decreased in 90% of Russian regions
The issuance of new mortgage loans for the first three quarters of this year fell by more than 13%. The decrease was recorded in 90% of subjects.
According to RIA News", for the 2019 year, 350 thousand mortgages were issued so far, but for the nine months of last year there were 405 thousand. This situation is noted for the first time after the crisis of 2014-2015.
And although the reduction affected 90% of subjects, some managed to increase the growth rate of issuance. Positive dynamics are observed in Crimea, Moscow region, Sevastopol and Dagestan.