Keyword: «the housing affordability index»

The study presents an analysis of mortgage market of the Russian Federation for 2011-2014.The material for the study are the data provided on the websites of the Rosstat and the Agency for housing mortgage lending. The result of this study highlights the main trends in mortgage market of the Russian Federation: significant growth of commissioning of residential real estate, especially in 2014; growth of housing prices in primary market simultaneously with growth in per capita incomes in the Russian Federation; reduced housing affordability index; growth of number of mortgage loans in the Russian Federation and their decline in monetary terms.