The total volume of mortgage loans in the Russian Federation fell by 47% year-on-year

10:07; 09 July 2025 year

In the first half of 2025, the mortgage lending market in Russia showed a significant decline. The total volume of mortgage loans amounted to about 1.5 trillion rubles, which is 47% lower than in the same period last year, the VTB press service reports.

Government support remains the main driver of the market, with its share reaching 78% of total disbursements. Among preferential programs, the leading position is occupied by family mortgages, which accounted for 69% of all transactions.

In June, banks provided about 309 billion rubles for the purchase of housing in both the primary and secondary markets. Compared to May, sales increased by 8%, but this figure remains significantly lower by 60% than in June last year.

The current situation in the mortgage lending market is characterized by a significant decrease in issuance volumes while maintaining the key role of government support programs.

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