VTB: in March, mortgage issuances in the market increased by a third

      April 3, 2026 11:07 Economy According to VTB estimates, in March the volume of issued mortgages in the market reached 335 billion rubles. This is 30% more than in March of last year and 15% more than in February of this year. In total, in the first quarter, Russians took out more than 1 trillion rubles in mortgage loans from banks – 70% more than a year earlier. In March, a recovery in demand for government-supported mortgages was recorded. Its share increased to 69% from 60% in February. "The mortgage market in March is confidently recovering from February's 'cooling'. We are seeing a return of demand for government programs after the adjustment of conditions for 'family mortgages'. At the same time, clients have become more active in considering ready-made apartments at market rates, which banks have been lowering since the beginning of the year in response to the easing of the Central Bank's monetary policy," commented Alexey Okhorzin, Senior Vice President and Head of the Retail Business Products Department at VTB. NIA "Nizhny Novgorod" has a Telegram channel. Subscribe to stay updated on the main events, exclusive materials, and operational information. Copyright © 1999—2025 NIA "Nizhny Novgorod". When reprinting, a hyperlink to NIA "Nizhny Novgorod" is required. This resource may contain materials 18+