The rate of housing construction in the Far East currently exceeds the Russian average. According to the FEDC, 0.9 square meters of housing is being built per capita in the Far East, compared to the national average of 0.8 square meters. In 2019, this figure stood at 0.3 square meters per capita. Thus, the volume of housing under construction has more than tripled in seven years, and per capita construction activity has exceeded the Russian average for the first time.
The outperformance is particularly noticeable in the construction of multi-family housing. In the first half of 2026, multi-family housing construction in the Far East increased by 44% compared to the same period in 2025. By comparison, the growth rate for Russia as a whole was 8%.
One of the key factors behind this dynamic has been the robust demand generated by the Far Eastern and Arctic Mortgage program. Since 2019, more than 216,000 families in the Far Eastern Federal District and the Arctic zone have purchased or built their own homes through the program, with loans issued exceeding 1.1 trillion rubles. Seventy-one percent of these loans are used for new-build housing, directly stimulating new construction. From 2020 to 2026, approximately every second apartment in new buildings in the Far Eastern Federal District was purchased using Far Eastern mortgages.