As Wartime Slump Deepens, Russia’s Construction Sector Is on Shaky Ground (opens original article in a new tab)

Russia's construction sector is experiencing a downturn as government subsidies decrease and mortgage policies tighten, leading to reduced lending, investment, and construction activity.

• Russia's construction sector faces a slump due to reduced government subsidies and tighter mortgage policies.
• Mortgage lending declined by 9-21% in 2025, with construction work value falling 10% in Q1 2026.
• Construction-related industries and GDP growth are at risk as demand and investment drop significantly.