The credit institution clarified that this applies both to the acquisition of housing in a new building, and in the secondary real estate market.

The reduction will also affect mortgage programs for the construction of a residential building, suburban real estate, refinancing, a loan secured by real estate, military mortgages, buying a garage and the Sberbank cooperation program with the constituent entities of the Russian Federation.

At the same time, the conditions for preferential programs "Family Mortgage", "State Support", "Far Eastern Mortgage" and "Mortgage for IT" have not changed.

The vice-president of the Russian Guild of Realtors, Konstantin Aprelev, noted earlier that prices are expected to decline in the next year and a half - "the buyer's market is coming."