"We did not observe such a collapse." What is happening in Russia with a mortgage
In Russia, the mortgage market is rapidly reduced. In April, the number of mortgage loans issued compared to April last year by 74 percent, and from March 2022-by 69. About the same numbers were reduced by the sum of housing loans. These are the data of the Central Bank. “We did not observe such a collapse either in Covid Crisis, or during the crisis of 2014/15,” writes Evgeny Suvorov economist at Finam.ru.