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Mortgage In The Russian Federation In Q1 2015

Author

Listed:
  • Georgiy Zadonsky

    (Gaidar Institute for Economic Policy)

Abstract

In Q1 2015 credit institutions provided Rb 218.13bn worth of 135184 mortgage housing loans (MHL) which was 31.76% and 34.85% lower in quantitative and monetary terms, respectively, as compared to Q1 2014. In 2015, the average weighted rate on MHL in rubles increased substantially: as regards MHL extended from the beginning of the year and those in March it rose by 2.08 p.p. to 14.53% and 1.53 p.p. to 14.7%, respectively.

Suggested Citation

  • Georgiy Zadonsky, 2015. "Mortgage In The Russian Federation In Q1 2015," Russian Economic Development, Gaidar Institute for Economic Policy, issue 6, pages 32-34, June.
    • Handle: RePEc:gai:recdev:532
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    More about this item

    Keywords

    : REAL ESTATE MARKET;

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • K11 - Law and Economics - - Basic Areas of Law - - - Property Law
    • L74 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Construction
    • L85 - Industrial Organization - - Industry Studies: Services - - - Real Estate Services
    • R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns
    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand
    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets
    • R52 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Land Use and Other Regulations

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