Sverdlovsk Region: Average Mortgage Amount Up 4.1% in Q1

18 June 2019 (09:27)

UrBC, Yekaterinburg, June 18, 2019. The average mortgage amount issued by Sverdlovsk Region-based banks to loan applicants rose from RUB 2.097m to RUB 2.182m (+4.1%) in the first quarter of 2019 compared with one year earlier, the National Credit History Bureau’s press service reports.

This was the smallest increase in the average mortgage amount among the country’s top thirty constituencies with the largest retail lending markets. In Russia on the whole, the average mortgage amount rose to RUB 2.38m (+17.3%, or RUB 350,600) in the first quarter of the year.

In January-March, the largest average mortgage amount got issued by Moscow-based banks (RUB 4.68m), Moscow Region-based ones (RUB 3.52m), in Yamalo-Nenetsky Autonomous District (RUB 2.96m), in Saint Petersburg (RUB 2.94m), and in Leningrad Region (RUB 2.75m).

The average mortgage amount increased most noticeably in Voronezh Region (+27.7%), Tatarstan (+27.3%), Primorsk Territory (+23.8%), Sakha (Yakutia) (+23.1%), and Volgograd Region (+23%).

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