Macroeconomic Challenges in Mortgage Accessibility for Emerging Markets

Objective: The article discusses issues related to the development of the residential real estate market as an independent part of the market economy associated with solving the acute problem of providing housing to the population of the country. The development of the residential real estate market is accompanied by a rapid increase in housing prices against the background of a decrease in the solvency of the population and the volume of commissioning of residential buildings. The result of these processes was the revival of housing mortgage lending (HLS). The main purpose of this study is to develop and improve the methodological aspects of quantitative analysis of housing mortgage lending. Theoretical Framework: The theoretical and methodological basis of the research was the works of domestic and foreign scientists on statistics, finance and lending, legislative acts and regulatory documents of government bodies, official information and statistical data of the Federal State Statistics Service (Rosstat), the Central Bank of the Russian Federation (CBR), commercial banks, as well as research of scientific institutions. Method: In solving the tasks set, modern statistical scientific apparatus and research methods were used: tabular and graphical analysis, comparative analysis, correlation analysis, time series analysis, multidimensional statistical analysis, including the iterative method of cluster analysis. Results and Discussion: The The result of the study is a spatial typological grouping of the subjects of the Russian Federation by the level of mortgage housing lending, as well as the identification of the influence of macroeconomic factors on the volume of mortgage housing lending in Russia.