Residents of the Kirov region have started to take out mortgages more frequently: nearly 16 billion rubles were issued in six months.

      According to the Kirov branch of the Bank of Russia, from January to June, residents of the region signed 4,293 mortgage agreements. This is 64% more than in the first half of 2025. The total amount of loans issued reached almost 16 billion rubles, an increase of 61%. The Central Bank noted that a particularly noticeable increase in demand for new buildings was observed in June. The heightened interest was associated with expectations of changes to the "Family Mortgage" program, which came into effect in July. Meanwhile, from January to May, banks recorded only a slight revival in the secondary housing market. According to the regulator's assessment, this was facilitated by a decrease in market mortgage rates. Despite the growth in mortgage lending, Kirov developers do not expect further increases in demand. After the June surge, they predict a cooling of the market and are not in a hurry to launch new projects. According to the Bank of Russia, developers mainly continue the construction of already started projects, and approach new ones selectively, preferring sites in the most attractive areas and postponing the start of some projects to a later date.