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Russian Homebuyers Face 6.2 Years to Save Down Payment

11/27/2025

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Summary

Story summary

Russian homebuyers now need about 6.2 years to save for a 20% down payment on a 65-square-meter apartment, up from 2.3 years in 2019, according to data from Sberbank and Dom. RF.
The rapid rise in home prices is exacerbated by the government's preferential mortgage programs, which initially offered low-interest loans but have contributed to escalating housing costs.
This trend raises affordability challenges for Russian homebuyers.

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Story summary

Russian homebuyers now need about 6.2 years to save for a 20% down payment on a 65-square-meter apartment, up from 2.3 years in 2019, according to data from Sberbank and Dom. RF.
The rapid rise in home prices is exacerbated by the government's preferential mortgage programs, which initially offered low-interest loans but have contributed to escalating housing costs.
This trend raises affordability challenges for Russian homebuyers.