On the Factors of Housing Mortgage Lending Dynamics in Russia and Some of its Regions

Abstract

Housing lending is one of the fastest growing and most promising segments of Bank lending in the country. The article analyzes the main factors of housing mortgage lending dynamics in Russia and some of its regions: subjects of the Russian Federation of the Volga Federal district. The latest features of the relevant regional mortgage markets, including those reflecting the reality of the beginning of this year, are revealed. In the near future, the author substantiates the forecast conclusions, according to which: a) if the overall positive dynamics of the all-Russian and regional mortgage markets is maintained, their growth will slow down; b) if the monetary authorities implement an effective anti-crisis policy, including providing effective support to these markets, their degree of competitiveness and consolidation will increase.