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Housing completions in the Far Eastern Federal District rose by almost 40 percent year on year
Housing completions in the Far Eastern Federal District rose by almost 40 percent year on year
Arctic.ru: Discover how Russia implements its development goals in the Arctic and the Far East
2026-10-22T11:22
2026-10-22T11:22
2026-10-22T18:07
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far eastern federal district
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far east and arctic development corporation
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The volume of multi-apartment housing completed in the Far Eastern Federal District in the first nine months of 2026 was 38 percent higher than in the same period last year, the press service of the Far East and Arctic Development Corporation reports.“Far Eastern and Arctic mortgages have become one of the key instruments of housing policy in the Far East and the Arctic. Affordable lending terms help people buy their own homes, while giving construction companies confidence in sustained demand,” the Corporation’s Deputy Director General for Social Development Gasan Gasabalaev said.He added that, to date, 226,700 preferential loans worth a total of over 1.2 trillion rubles have been issued in the Far East and the Arctic.According to Gasabalaev, growth in housing construction is attracting new developers to the market and driving comprehensive development projects with modern infrastructure.
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Housing completions in the Far Eastern Federal District rose by almost 40 percent year on year
The volume of multi-apartment housing completed in the Far Eastern Federal District in the first nine months of 2026 was 38 percent higher than in the same period last year, the press service of the Far East and Arctic Development Corporation reports.
“Far Eastern and Arctic mortgages have become one of the key instruments of housing policy in the Far East and the Arctic. Affordable lending terms help people buy their own homes, while giving construction companies confidence in sustained demand,” the Corporation’s Deputy Director General for Social Development Gasan Gasabalaev said.
He added that, to date, 226,700 preferential loans worth a total of over 1.2 trillion rubles have been issued in the Far East and the Arctic.
According to Gasabalaev, growth in housing construction is attracting new developers to the market and driving comprehensive development projects with modern infrastructure.
