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August 24, 2026Journal of Monetary Economics and Management

State, trends, and prospects of the residential complex market in Russian regions

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Authors

MLMihail Lyubimov

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Overview

Market analysis reveals declining project launches and rising insolvency risks across regional housing sectors, highlighting impending supply shortages under tight monetary conditions.

Key Points

  • To examine the current state, emerging trends, and medium-term trajectories of regional multifamily residential housing markets under macroeconomic pressure and shifting policy parameters.
  • Analyzed official statistical data and expert real estate analytics across Russian regions for the 2024–2025 period.
  • Evaluated the impact of tight monetary policy, mortgage subsidy phase-outs, buyer payment preferences, and federal anti-crisis regulatory adjustments.
  • Identified a marked reduction in commissioned multifamily housing space and a decline in newly launched residential development projects.
  • Observed a shift in buyer demand toward developer instalment plans alongside pronounced interregional disparities in investment activity.
  • Identified substantial insolvency risks for construction participants and high probability of localized housing supply deficits.

Cite This Study

Mihail Lyubimov (2026) studied this question.

synapsesocial.com/papers/6a8c009fbca056c88e6df62chttps://doi.org/10.26118/2782-4586-2026-442-447
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