Posted 3 сентября 2021,, 06:26

Published 3 сентября 2021,, 06:26

Modified 24 декабря 2022,, 22:38

Updated 24 декабря 2022,, 22:38

In Moscow housing prices dropped

In Moscow housing prices dropped

3 сентября 2021, 06:26
Housing prices in the capital fell to 10% per square meter thanks to the preferential mortgage program, said Nikita Stasishin, Deputy Minister of Construction.

He clarified that since July 1, 2021, under the state mortgage program, it has grown to 7% (from 6.5%), and the maximum loan amount has decreased to 3 million rubles for all constituent entities of the Russian Federation.

"If we look at the most highly liquid markets on the example of Moscow, then we see that after July 1, due to a decrease in demand for preferential mortgage programs, ... the final price per square meter in Moscow (decreases - Ed.) To 10%", - said Stasishin RBC.

After updating the terms of preferential mortgages in the first month, the volume of its issuance decreased to 433.1 billion rubles (from 545.1 billion rubles). The average overpriced rate reached a record high since April last year - 7.67%.

In "Dom.RF" indicate that after the renewal of the terms of the program, the issuance of loans decreased two to three times.

At the beginning of last month, it was reported that the volume of mortgage lending in Russia fell by 20% after changing the conditions of the preferential state lending program. Before that, in July, banks reduced their approval of mortgage loans by almost 21%.

It's worth to note that the preferential family mortgage program was supposed to end in a year and a half, but will be extended until the end of 2023.

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