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Mortgage In The Russian Federation In November 2015

Author

Listed:
  • Georgiy Zadonsky

    (Gaidar Institute for Economic Policy)

Abstract

The volume of housing mortgage loans (HML) (Rb 985.29 bn) originated during January–November 2015 fell against the volume of HML originated over the same period of 2014 by 32.66% in quantitative terms and by 35.92% in monetary terms. The share of past-due debt in residual debt on HML for November 2015 has gone up in ruble loans by 0.02 p.p. to 1.05%, and on foreign currency loans – by 0.71 p.p. to 19.41%. Weighted average rate on HML in rubles extended during the month, for November 2015, has come to 12.29%, down 0.60 p.p. against October 2015 and down 2.42 p.p. maximum level posted in February 2015. The latter is due to the effective State program.

Suggested Citation

  • Georgiy Zadonsky, 2016. "Mortgage In The Russian Federation In November 2015," Russian Economic Development, Gaidar Institute for Economic Policy, issue 2, pages 63-65, February.
    • Handle: RePEc:gai:recdev:681
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    More about this item

    Keywords

    : REAL ESTATE MARKET; Russian Economy;

    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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