Mortgage Loans for Secondary Housing Surge Fivefold

16:35; 11 March 2026 year

### Russian Mortgage Lending for Resale Homes Surges Fivefold in February 2026 In February 2026, the volume of mortgage loans issued for resale homes in Russia increased fivefold compared to the same period last year, reaching 61.7 billion rubles, according to Russian real estate platform DomClick. The platform noted that an increase in mortgage lending was observed across all segments in the previous month. The resale market led the growth in mortgage lending, with a month-on-month increase of 49.1%. The share of resale homes rose by 16.3 percentage points to 29.5%. According to analysts, the segment has not shown such high growth since March 2024. It is suggested that the gradual reduction of the key interest rate had a positive impact on the market for ready-to-move-in homes.

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