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Russian Mortgage Issuance Surges 3.4x in January 2026: Market Recovers to ₽426 Billion Amid Low Base Effect

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Russian Mortgage Issuance Surges 3.4x in January 2026: Market Recovers to ₽426 Billion Amid Low Base Effect

According to the DOM.RF Analytical Center, the Russian mortgage market witnessed an explosive year-on-year recovery in January 2026. The number of issued loans spiked 2.7 times to 87,000 units, while the total market value jumped 3.4 times, reaching ₽426 billion. Analysts at Mondiara note that this dramatic growth is primarily due to the "low base effect" of January 2025. During that period, banks almost halted lending while adapting to prohibitive market rates and structural changes in the "Family Mortgage" program. The current figures signal a stabilized lending environment and renewed borrower demand, marking a pivotal shift for the Russian real estate and banking sectors in 2026. Let’s Build the Future: 📩 Contact for Investors: i@mondiara.ru 🌐 Explore more: [mondiara.com](https://mondiara.com)

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